Zelo

Acquired

Invoice/receivables financing and bank guarantees for UAE SMEs, funded within 24–48 hours

Abu Dhabi, UAEFounded 2020

Acquired by International Holding Company (IHC) · Jul 2025 · Undisclosed

Fintech

Acquired

Abu Dhabi receivables-financing platform founded in July 2020 as eFunder (legal entity Funder.ai Technologies Limited, ADGM/FSRA-licensed private financing platform). Converts approved invoices from government and corporate buyers into working capital within 24–48 hours and issues bank guarantees for UAE SMEs. Acquired by International Holding Company (IHC) and rebranded Zelo in July 2025; IHC allocated $715m in December 2025. 12,000+ transactions funded.

Founders

Dhanush Arjun

Co-Founder & CEO

Deepak Sekar

Co-Founder & COO

Funding Rounds

UndisclosedDec 2025

$715M

Lead: International Holding Company (IHC)

Investors: International Holding Company (IHC)

Investors: International Holding Company (IHC).

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