AVANA Companies Wins Fintech Global Award and Announces SAR22MM FDI for Hospitality & SMEs through Ezdaher.sa Launch

AVANA Companies achieves a major milestone with EqualSeat winning the 2024 FinTech Breakthrough Award for “Best Real Estate Investment Platform,” alongside global giants like Moody’s Credit Report, Experian, and Coinbase. This recognition highlights our exceptional achievements and opens new opportunities with our innovative project, Ezdaher.

A Multi Award Winning Global Fintech Ecosystem

The launch of Ezdaher by AVANA Companies brings our global ecosystem of financial expertise to Saudi Arabia, having already funded over $6.4 billion in projects and supported the creation of more than 5,500 jobs. Including funding well-known hotel brands such as Hilton, Marriott, IHG, Choice, and Wyndham. 

The global ecosystem includes major players like Oaktree Capital Management and over 80 banking institutions in the USA, along with regional partners such as Osool Asset Management in Bahrain and the National Development Fund of the Kingdom of Saudi Arabia.

What is Ezdaher?

At Ezdaher, we envisions innovating B2B funding for the hospitality sector, leveraging our Phase One SAR22MM FDI investment towards Vision 2030. At our core we are focused on driving growth in the hospitality and SME sectors, supporting economic expansion.

Leveraging the two decades of industry expertise, Ezdaher offers innovative fintech solutions providing quick financing for entrepreneurs. With a unique consulting approach and a track record of managing risk for sustainable growth.

The impact of our innovative approach is evident in our ability to achieve significant milestones without relying on venture capital or private equity funding. 

“Winning the Best Real Estate Investment Platform award is a testament to our dedication. This marks the beginning of Ezdaher’s journey with a SAR22 million allocation in Phase One—a stride towards Vision 2030,” 

Sundip Patel, our CEO.

What’s next?

The anticipation surrounding Ezdaher’s deployment is already significant in the market, with $6 million invested in pre-seed funding. The initial SAR22 million FDI investment in Ezdaher is just the starting point for broader and more ambitious initiatives aligned with Vision 2030.

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