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Rafeeg rolls out new update for its home improvement app
Rafeeg, an app-based marketplace for home improvement needs, has rolled out an update that comes with a new design and easy-to-navigate interface to make the everyday search for household needs a hassle-free experience.
Abu Dhabi’s first online marketplace app undergoes major transformation offering a faster and better solution for all household maintenance needs at competitive prices
Building on its highly successful platform, Rafeeg has added new features and navigation tools to enhance the overall experience of its users, offering them the complete authority to choose suitable service providers based on their quotations, work portfolios, and customer reviews. This reduces the overall time taken from booking to delivery significantly, making it one of the fastest delivery platforms in the industry.
The free-to-use app can be downloaded from Android link or iTunes link
The platform is backed by an in-app live customer support that functions 24/7 to provide all possible assistance required for the smooth transaction. To offer greater protection, the app also allows users to generate an online invoice and archive it as long as their accounts are active.
The 100 per cent Emirate-born concept has been conceived and developed by Khamis Al Sharyani, who brings along with him over 15 years of experience in successfully launching innovation digital ventures that has helped serve many online users and the community at large.
“In this ever-changing technology landscape, what is driving the demand is convenience. People want virtually everything at their fingertips, and they expect services to be as convenient and hassle-free as possible. Rafeeg looks to do the same by offering a fast, efficient and competitive solution for all household needs with a touch of your finger,” said Khamis Al Sharyani, founder and CEO of Rafeeg.
“With Rafeeg, the users are able to strike a better deal directly with the service providers without the need to visit a shop or market physically,” he said.
The Abu Dhabi’s first online marketplace app is fast expanding its reach to Dubai and other parts of the country. It currently has more than 10,000 customers and a strong network of 450+ verified suppliers.
“The rapid increase in our customer and supplier base is a testimony to the fact that thousands of people are using this platform every day to seek solutions for their house maintenance and decoration needs. We are committed to continue offering high-quality services to our users at their doorsteps, in the quickest possible time, and at a competitive price,” said Al Sharyani.
Unlike some of the other apps available in the marketplace, Rafeeg not only carries out a proper assessment of every request before assigning it to the right service provider but also follows it up till the end to make sure that the work is completed efficiently within the given time frame. Besides offering the 24/7 chat support, the free-to-use app also allows users to put up their reviews after the work is done.
“We have worked extensively to develop a strong monitoring system that tracts every deal till the end to offer complete customer satisfaction. We take corrective measures by suspending accounts of service providers or shop owners if they are found to be charging a high price or not committed towards our customers, besides taking them to the courts if needed to protect our customers,” said Al Sharyani.
Rafeeg also has been expanding its supplier base by tying up with new companies and shop owners that share the same long-term goals of providing more quality options and types of solutions at competitive prices to win the confidence of customers.
Lendo, a Saudi Arabia-based Shariah-compliant crowdlending marketplace, has signed a Memorandum of Understanding (MOU) today with J.P. Morgan to improve access to financing for small and medium-sized enterprises (SMEs) across the country.
The MOU was signed during 24 Fintech, a premier fintech event that brings together industry leaders, innovators, and investors in Riyadh.
J.P. Morgan and Lendo are working together on potential opportunities to support the SME sector in Saudi Arabia in growing and sustaining the remarkable demand in this market.
“This strategic collaboration with J.P. Morgan, a pioneer in the financial industry, marks a significant milestone for Lendo,” said Osama Alraee, CEO and co-founder of Lendo. “By combining our strengths, we’ll deliver cutting-edge financial solutions to SMEs, supporting their growth and contributing directly to the realization of Saudi Arabia’s Vision 2030.”
The SME financing landscape in MENA presents a substantial market opportunity as limited financial access continues to restrict the growth of the region’s businesses, with commercial banks hesitant to issue loans to SMEs at scale, resulting in a high percentage of declined financing requests annually.
The total SME financing gap in developing countries is estimated to be approximately $5.2 trillion, according to the International Finance Corporation (IFC).
Lendo’s debt crowdfunding platform aims to bridge the financing gap for SMEs, aligning with Saudi Vision 2030’s goal to significantly expand SME lending from 4% in 2018 to 20% by 2030.
According to the latest available report from the Saudi Central Bank (SAMA), the total value of debt crowdfunding in Saudi Arabia surged from SAR 1.4 million in 2019 to SAR 771 million in 2022, marking a remarkable growth.
Lendo raised SAR 132 million ($35.2 million) in total funding from leading investors, including the most recent Series B led by Sanabil Investments, a wholly-owned company by the Public Investment Fund (PIF).
Since its inception in December 2019, Saudi fintech Lendo has processed over 5,000 financing transactions on its platform, providing over SAR 2 billion ($600 million) in financing to SMEs and generating SAR 280 million ($74 million) in returns for investors.
TA Telecom, a prominent player in the Middle East’s tech sector, has unveiled AnteThink, an AI-driven tool designed to enhance decision-making processes for individuals and businesses alike.
With a history of influencing the tech landscape through various initiatives, including advanced mobile solutions, high-volume payment platforms, and ventures in e-commerce, fintech, and analytics, TA Telecom has carved a niche for itself. Serving a vast user base of 40 million and processing an impressive 15 billion transactions across its platforms, TA Telecom has cemented its position as a tech industry leader, with some of its ventures achieving the status of Y Combinator companies.
Established in 2000, TA Telecom has emerged as a prominent player in the technology sector. With over 40 million users and processing 15 billion transactions annually, TA Telecom has made a notable impact. Recognized for its contributions by the Financial Times and featured on Deloitte’s list of fastest-growing tech companies in EMEA, TA Telecom is known for its adaptability and forward-thinking approach in the ever-evolving global tech landscape.
Sameh Ibrahim, CEO of TA Telecom, highlights the potential of AnteThink: “AnteThink reflects our commitment to leverage technology for practical impact. It aims to provide clarity and confidence in decision-making, whether in the professional or personal sphere. AnteThink is a tool that can empower startup founders, executives, and individuals to make more informed choices, alleviating the stress and uncertainty often associated with critical decision-making.”
Mostafa Ashour, CEO of Y Combinator-backed startup NowPay, shared his perspective on AnteThink: “AnteThink transformed our strategic planning, allowing us to explore various scenarios and prepare for different outcomes. It has strengthened our decision-making process, helping us navigate the complexities of the business landscape.”
AnteThink embodies TA Telecom’s commitment to innovation, focusing on supporting the startup ecosystem. The tool is tailored to help leaders and executives navigate the complexities of business management and strategic development by providing a clear picture of potential outcomes.
Key Features of AnteThink include:
1. Second Order Mode: Offering a comprehensive analysis of broader impacts, fostering a strategic mindset for long-term success.
2. Optionality Mode: Enabling detailed evaluation and comparison of different choices to ensure decisions align with strategic objectives and values.
3. Inversion Mode: Focusing on identifying and mitigating potential risks, thereby strengthening risk management strategies.
Credit: Antethink
AnteThink’s advanced AI technology aims to assist decision-makers with insightful analytics, offering guidance through the decision-making process.
Selina Bieber, the Senior Director of Global Markets at GoDaddy, has predicted a significant increase in Egypt’s e-commerce revenue. By 2028, it could reach $9.88 billion.
Godaddy is forming strategic partnerships and launching initiatives to help local entrepreneurs. These efforts align with Egypt’s digital transformation goals and its Vision 2030.
In an interview with the Arabic financial news “Amwal Al Ghad,” Bieber spoke about GoDaddy’s plans and how they match Egypt’s 2023 strategy. She highlighted the company’s aim to provide effective, easy-to-use digital tools and services. By 2024, GoDaddy wants to serve more customers in Egypt by making its digital tools more widespread.
The company is working closely with the Egyptian government, especially the Ministry of Planning. They are offering training programs to improve the digital skills of startups and existing businesses. GoDaddy’s services in Egypt include domain registration, web hosting, e-commerce solutions, and digital marketing tools.
Recent surveys support Bieber’s positive outlook for e-commerce in Egypt. They show a clear trend towards digital strategies among small businesses. Many are realizing the importance of having an online presence for their growth and success.
As GoDaddy continues its partnerships and supports government digital initiatives, its influence on Egypt’s digital landscape is growing. The company is committed to sustainability and reducing its carbon footprint. It aims not just for business growth but also to contribute to a sustainable and thriving digital economy in Egypt.
The 2028 projection indicates a vast potential for e-commerce, with GoDaddy playing a key role in this digital evolution.
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