Beehive
Dubai-based digital lending platform that connects SMEs with investors in the UAE, Oman and Saudi Arabia. Launched in 2014 and majority owned by e& enterprise, it is regulated by the DFSA.
Industry: SME lending marketplace | Location: Dubai, United Arab Emirates | Founded: 2014 | Total Funding: USD 5M
About Beehive
Beehive is a Dubai-based digital lending platform that connects small and medium-sized businesses seeking finance with investors who fund their loans. It offers term finance and working capital finance, including Sharia-compliant products, in the United Arab Emirates, Oman and Saudi Arabia. Its UAE entity, Beehive P2P Limited, is regulated by the Dubai Financial Services Authority under licence F004422, and its website describes the company as part of e& enterprise.
Beehive launched in November 2014. Craig Moore founded it and was its chief executive, with Rick Pudner, a former group chief executive of Emirates NBD, as chairman at launch. On 13 October 2025 the company announced that Moore was leaving the chief executive role and that Peter Tavener, a co-founder who had been chief financial and operating officer, would succeed him.
Beehive described term finance of up to AED 2 million over 12 or 24 months, and working capital finance of up to AED 2.5 million against invoices repayable in 90 to 120 days, in October 2026. It launched in Saudi Arabia in July 2020 and in Oman in May 2022.
In May 2023 e& enterprise agreed to take a majority stake, which Forbes Middle East put at 63.3 percent. In March 2025 Goldman Sachs Bank USA and Magellan Capital provided a structured funding arrangement of an initial AED 500 million. In November 2025 it was appointed to manage an SME funding portfolio for Future Fund Oman, alongside Sohar International.
Beehive raised a $5 million Series A led by Riyad TAQNIA Fund in October 2017, taking its total funding to $10.5 million at that date. As of April 2026 Forbes Middle East reported more than 20,000 registered users, more than 3,000 SMEs served and over $1.4 billion in financing disbursed.
On 13 July 2026 Beehive announced it had completed the purchase of a majority stake in Themar Al Aamal Commercial Company, the holding company of a debt crowdfunding platform regulated by the Saudi Central Bank. Terms were not disclosed. Beehive says this makes it the first digital SME financing platform regulated in the three markets.
Leadership
- Peter Tavener, Co-founder and Group Chief Executive Officer
- Rick Pudner, Chairman
- Kamran Ahmad, Chief Technology Officer and Chief Information Officer