February 3rd, 2022 - 07:41 GMT
Alkhair Capital Saudi Arabia, a financial institute licensed by the Capital Market Authority and headquartered in Riyadh, has signed a Memorandum of Understanding with KLAIM HOLDINGS LIMITED, a fintech specialized in buying medical claims to provide working capital to healthcare providers, to launch investment products with the aim of financing purchase of uncollected medical insurance claims from insurance companies. Through this new partnership, Alkhair Capital aims to provide KLAIM with up to $50 million to serve more healthcare providers across the MENA region. Recognizing the cash flow difficulties faced by ...