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

SME funding gap: P2P lending to the rescue

adminMay 14, 2015

Obtaining finance for a small business is no laughing matter. The International Finance Corporation (IFC) estimates that the current SME funding gap in global emerging markets today is more than USD 2 trillion (approximately USD 260 billion in MENA). Bridging this considerable imbalance is driving alternative finance solutions, one of which is crowdfunding. The most common form of crowdfunding is equity based, where people sell off stakes in their business

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Crowd Pleaser

adminMay 05, 2015

With peer-to-peer loans expected to hit $1 trillion globally over the next decade, the crowdfunding concept is taking the world by storm. Online P2P marketplace, Beehive, is making sure the UAE is there for the ride. Established just las year with former Emirates NBD Group CEO, Rick Pudner, as a Chairman, Beehive, is already sending profit –making SMEs in the UAE on the road to further growth, and a bussing

SME financing – Is there a better way?

adminApr 23, 2015

Craig Moore – Founder & CEO As Founder and CEO, Craig is responsible for overseeing the overall strategic direction and managing the day-to-day operations of Beehive. Before founding Beehive, Craig was a Founder & COO of Butterfly Software, a data analytics and migration software company acquired by IBM in September 2012. Prior to Butterfly his experience includes various sales, consulting and finance roles at numerous multinational companies such as Dell,

From “Many to Many”: The Promise and Appeal of Peer-to-Peer Finance

adminApr 14, 2015

Over the past few years, a surge in the amount of research, number of organizations and events dedicated to the small to medium sized enterprise (SME) space has taken the world by storm. A common theme has been the essential roles SMEs play in a nation’s economic fabric as well as their crucial role in advancing innovation, growth and prosperity. The buzz and the growing interest has rallied stakeholders and

Dubai-based Beehive sets up short-term loans for SMEs waiting for payments

adminApr 12, 2015

Beehive, an online marketplace that matches small and medium-sized businesses looking to bypass high-interest bank loans with investors hunting returns, said that it is now arranging short-term loans for cash-strapped SMEs that face payment delays. Under its invoice financing scheme, SMEs can access loans for periods as short as 60 days for as little as 0.75 per cent per month, said Beehive founder and chief executive Craig Moore. Beehive makes

Beehive peer-to-peer finance platform welcomes more than 1,000 registrations in first 5 months

adminApr 08, 2015

More than 1,000 people have registered to become investors Peer-to-peer financing in excess of AED 5 million arranged for over 15 SME businesses Sharia compliant structure opens up the platform for Islamic investors Dubai, 4 April 2015: Beehive, the UAE’s leading online marketplace for peer-to-peer finance announced it has reached a critical milestone where over 1,000 people have registered to become investors since its official launch in November 2014. This

The pixelbug Story

adminApr 02, 2015

  By: Dany El Eid, Founder & Managing Partner of pixelbug pixelbug is a global pioneer in augmented reality technology, providing technology driven marketing solutions.  Established in Dubai in 2012, and founded by Dany­­­ El Eid, a seasoned tech entrepreneur, they have the objective of making the world a more interactive place by fusing the digital with the physical world.  pixelbug have an impressive client list, working with multinational companies

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Peer-to-peer financing gaining momentum in the UAE economy

adminMar 23, 2015

Panel discussion at the Capital Club analyses vital connections between digital financing platforms and small businesses in the region As the economy continues to gain momentum in the UAE, small and medium-sized enterprises (SME’s) have managed to account for 95% of all businesses in Dubai. And peer-to-peer financing, which is the practice of connecting individual lenders with credit-worthy businesses, has just been introduced to the region, making the process of

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Peer-to-peer lending a peerless idea in the UAE

adminMar 08, 2015

When Dany El Eid, a Lebanese-born entrepreneur, needed quick cash to fund his Dubai-based digital technology business Pixelbug he found the banks were offering him enormous rates of interest and a mountain of paperwork to get it. By chance, he says, a financier he knew told him about an online company that links those who needed loans with investors, reducing the rate of interest for the borrower and increasing it

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Crowdfunding – The investor perspective…

adminMar 01, 2015

As Business leaders, it is likely that you will think of crowdfunding in terms of raising investment for business, but have you ever thought of it as a way of investing your own money? We speak to Mark Tylor, a Dubai based investor to find out from him why this method of investing is so interesting to him. Why did you choose crowdfunding as your method of investment? I’ve seen