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Babysouk.com first beneficiary of Beehive/MBRF partnership

Sep 25, 2017
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Babysouk granted funds for growth at 8.92% profit rate First enterprise to benefit from recently launched peer to peer finance partnership   Dubai, 25 July 2017: An innovative model of SME financing has taken off in Dubai with the Mohammed Bin Rashid Fund (MBRF), the financial arm of Dubai SME, the agency of Dubai Economy mandated to develop the small

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MBRF and Beehive join hands to provide digital financing solutions for start-ups

Sep 25, 2017
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• Partnership will enable SME to use FinTech to secure funds for growth and expansion • Reflects Dubai SME’s commitment to transforming Dubai into a Smart City   Dubai, June 13th 2017: The Mohammed Bin Rashid Fund (MBRF), which is the financial arm of Dubai SME, the agency of Dubai Economy mandated to develop the small and medium enterprise (SME) sector, and Beehive,

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Beehive is the first peer to peer lending platform to receive DFSA regulation

Mar 05, 2017
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New regulation key to driving growth of fintech businesses in region Lending based crowdfunding important new route to finance for SMEs In excess of AED 75 million facilitated across 150 SME funding requests   Dubai, March 5th 2017: Beehive has become the first peer to peer lending platform to set up offices in the Dubai International Financial Centre (DIFC) and

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When is a blockchain not a blockchain?

Feb 06, 2017
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Blockchain, or to use the wider term decentralised computing, could represent the next shift in computer systems thinking, following on from the likes of the internet, client-server architectures and databases. However, it faces a real risk that initial attempts at deploying blockchain don’t deliver the expected benefits, expectations are not met, and as a consequence its wider adoption is set

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Dubai solar company Enerwhere raises quick Dh1m via Beehive

Feb 02, 2017
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The National, January 31, 2017 – read online here Dubai-based solar company Enerwhere raised Dh1 million in less than a week via a crowdfunding platform tapping unconventional investors amid tight SME lending from local banks. The three-year-old company decided to test the crowdfunding site, Beehive, to secure financing for operational expansion including solar hybrid power generators as well as solar

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What do I need to know about how blockchain works? Iain McPhail, Beehive CTO

Jan 30, 2017
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Well you probably don’t need to know how it works internally, that’s the block and the chain bit, in the same way that you probably don’t need to know how a relational database works internally. What you probably need to know is what a system built on a blockchain looks like and how that’s different from a system built using

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10 things to know about applying for Business Finance on Beehive

Apr 27, 2016
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10 things to know about applying for peer to peer lending on Beehive We frequently get asked questions about applying for finance on Beehive. So If you are a small or medium sized business looking for funding, read on for more helpful tips. What type of businesses can apply for finance on Beehive?  We provide finance solutions for established and

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Gulf News: A two-tier approach to anchor UAE as a fin-tech hub

Apr 11, 2016
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Starting off, a light regulatory environment can help businesses find their feet Ahmad Al Sayegh, Chairman of Abu Dhabi Global Market (ADGM), recently described Abu Dhabi as “the nascent fintech capital of the Arabian Gulf”. ADGM is looking to anchor fintech (financial technology) in local banks and institutions to capitalise on their strengths and minimise risks. But what factors make

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The role of P2P lending in an investment portfolio

Mar 14, 2016
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David Martínez de Lecea, a Beehive Investor shares his outlook on the advantages of P2P lending vs conventional finance in the current global as well as regional markets. Many potential investors approach peer-to-peer lending (also known as marketplace lending) with an all-or-nothing mentality comparing it with more traditional forms of investing as bank deposits, stocks or even real estate. Bank

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Innovation, the lifeblood of SMEs

Dec 09, 2015
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Their names roll off our tongues, without even a thought, when we think of innovation. They made an eternal mark on history, revolutionised industries, changed the world, and generally made a positive impact in our lives. They created industries and powered revolutions. They made the seemingly impossible possible and the mundane incredibly exciting. They are the innovators that symbolise the