Comfi, a B2B embedded finance platform, has officially announced the successful closing of a $65 million Pre-Series A funding round. The investment consists of both equity and debt financing, led by Iliad Partners with participation from prominent international funds, including Yango Ventures and Raw Ventures.
Founded in the UAE in 2023 by Sanjar Samiev, Alisher Akbarov, Amal Abdullaev, and Denis Gavrilin, the startup has rapidly addressed one of the most critical pain points for small and medium-sized enterprises (SMEs) in the MENA region: chronic liquidity constraints. Comfi’s innovative “B2B Buy Now Pay Later” model allows suppliers to receive payment within 24 hours while offering buyers the flexibility of up to 90-day payment terms.
Sanjar Samiev, Co-founder and CEO of Comfi, emphasized that the platform bypasses traditional banking hurdles by utilizing an AI-driven risk assessment and underwriting engine, granting entrepreneurs instant access to working capital. To date, the platform has successfully processed over 15,000 invoices and serves more than 1,000 active clients.
The newly raised capital will be directed toward enhancing Comfi’s technological infrastructure, expanding its product suite, and strengthening regional strategic partnerships. This milestone serves as a powerful testament to the global competitiveness of Uzbek founders and experts in the international fintech arena.
