Saudi Arabia-based fintech LDUN has raised a $4.8 million seed round led by Sadu Capital, with participation from Suhail Ventures and Nomu Angel Investment. Founded in 2021 by Firas Alhamdan and Faisal Bin Dukhail, LDUN provides tech-enabled factoring solutions to MSMEs, streamlining trade credit between suppliers and retailers. Press release:Saudi fintech startup LDUN, licensed by the Saudi Central Bank (SAMA) under its regulatory sandbox, has successfully closed its $4.8 million seed round. The round was led by Sadu Capital, with participation from Suhail Ventures and Nomu Angel Investment. Founded in 2021 by Firas Alhamdan and Faisal Bin Dukhail, LDUN focuses on offering factoring solutions to micro-small-and medium-sized enterprises (MSMEs).