Welcome to Beehive

Welcome to the Beehive blog

Welcome to the new Beehive blog where we will post up the latest developments and news from Beehive and the peer-to-peer lending industry as well as market trends, best practice and expert advice from our team and guest bloggers. In the coming months we will be using this space to introduce you to Beehive and familiarise you with the concept of Peer to peer financing. We are very excited about the future as Beehive just keeps growing more and more. Based in Dubai and serving the UAE, Beehive is the UAE’s first peer-to-peer lending platform. Beehive directly connects established, creditworthy


Beehive 1st anniversary milestones!

adminDec 01, 2015

November marks our first anniversary at Beehive, the UAE’s leading online marketplace for peer-to-peer (P2P) finance. Beehive employs over 20 staff headed by serial entrepreneur, Craig Moore, Beehive Founder and CEO, and supported by Rick Pudner, Chairman and former Group CEO of Emirates NBD. Our online platform facilitates access to flexible funding solutions for established small-to-medium-sized enterprises (SMEs) seeking finance from AED 100,000 up to AED 1,000,000 with repayment terms


White paper: Spotlight on Innovation

adminNov 20, 2015

Beehive, a young peer to peer lending platform, and Thomson Reuters, have partnered on an innovation white paper regarding the United Arab Emirates (UAE). The document, embedded below, is designed to learn how small business approach innovation. Beehive hosted a roundtable earlier this year that involved some of the regions more successful SMEs to define how innovative startups can be encouraged. According to Beehive, a second phase of the research


UAE crowdfunding website reports $6.8m of funding to SMEs in 2015

adminNov 10, 2015

One of the UAE’s newest small-to-medium enterprise (SME) funding platforms has helped channel AED25 million ($6.8 million) of funding to 48 SMEs in the 12 months since it launched, it announced on Tuesday. Beehive is a type of crowdfunding website that links UAE-based SMEs with approved prospective investors that choose which venture they wish to support. The website has more than 2,600 registered investors, it said on Tuesday, which have


The growth of Islamic finance

adminOct 19, 2015

No greater lesson came out of the 2008 Global Financial Crisis than the importance of managing excess and minimizing risk finance. Yet the profligacy so common is sadly still prevalent in today’s financial system. It is no wonder then that investors and institutions have prioritised financial products and services that are low on risk and high on ethical returns. Many have seized on Islamic finance as an alternative to conventional


How crowdfunding is revolutionizing SME funding

adminOct 04, 2015

Many SMEs struggle to access the finance capital that they require in order to move their business forward, but a new finance model can help them achieve their growth ambitions.  Traditionally businesses used to rely on conventional institutions such as banks for finance, but as banks place greater restrictions on their lending practices, businesses are increasingly turning to alternative sources of finance such as Crowdfunding. Why crowdfunding is an option

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Gulf News: The Importance of bookkeeping for growing your business

adminSep 20, 2015

Proper bookkeeping is important to sustaining and growing any business. Perhaps nowhere is this more evident than in the expanding small and medium sized enterprises (SME) sector, where businesses inability – and sometimes unwillingness – to maintain proper accounting records could lead to businesses failure. With an estimated 300,000 SMEs contributing more than 60% of the UAE’s GDP and providing the bulk of employment opportunities in the country, there is


Beehive becomes world’s first Sharia-compliant P2P platform

adminSep 13, 2015

Beehive has become the first peer-to-peer (P2P) finance platform to be granted a Sharia compliance certificate. The certificate was issued by the Shariyah Review Bureau (SRB), and announced by Beehive founder Craig Moore at the Global Ethical Finance Forum in Edinburgh, Scotland. The certification makes Beehive the first P2P platform in the world to have a third party independently confirm its processes are compliant with Sharia principles. Speaking about the

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Beehive P2P finance platform obtains independent Sharia certification from Shariyah Review Bureau

adminSep 02, 2015

­­Beehive P2P finance platform obtains independent Sharia certification from Shariyah Review Bureau   Innovative Dubai based platform brings P2P finance to Islamic investors Independent review completed by leading Sharia consultancy firm   Dubai, 1 September 2015: Beehive, the UAE’s leading online marketplace for peer-to-peer (P2P) finance, has been certified as a Sharia-compliant P2P finance platform by the Shariyah Review Bureau (SRB). The certification makes Beehive the first P2P platform in


Connecting for growth: peer-to-peer finance

adminSep 01, 2015

SMEs need to grow. Investors should unlock their funds and support them. Both statements are often repeated when talking about the development of the UAE’s economy. But, in both cases, many have been silent on how to do it. Not so Craig Moore, the founder and CEO of Beehive – the region’s first online marketplace for peer-to-peer finance. “We are looking at their [SMEs’] ability to pay, which is a

Gulf News: Peer-to-peer lending finds a comfortable niche

adminAug 24, 2015

Being a lower cost alternative to traditional banking will aid growth trajectory It is estimated more than 95 per cent of businesses across the world are small and medium-sized enterprises (SMEs), accounting for approximately 60-95 per cent of private sector employment and, on average, 52-95 per cent of a country’s private sector contribution to GDP. Despite their importance to the growth of economies, SMEs face a number of hurdles when