Funding Souq, a Saudi-based Shariah-compliant financing platform for small and medium-sized enterprises (SMEs), has secured a strategic investment from Foodics, a restaurant technology and financial services platform in the Middle East and North Africa. Foodics is now its largest investor. The money will expand embedded financing for SMEs in Saudi Arabia and the UAE, starting with restaurants and hospitality businesses in Foodics' customer network. Foodics plans to deploy $100 million through the initiative in its first year. Funding Souq will provide regulated financing infrastructure and credit expertise, while Foodics will add technology and restaurant sales data to improve credit assessments. Funding Souq has more than 10,000 investors and aims to facilitate $1 billion in SME financing over the next three years.

Saudi arabia's Foodics launches AI financing tool for restaurants. Capital 2.0 can assess eligibility, complete onboarding and disburse restaurant financing within four hours. Sep 15, 2026 Restaurant management and fintech company Foodics has launched Capital 2.0, an AI-powered financing platform designed to assess restaurant eligibility instantly and disburse funds within four hours. Unveiled at Money20/20 Middle East in Riyadh, the platform uses restaurants' operational and financial data to assess creditworthiness based on actual business performance rather than a conventional loan application process. Eligible restaurants can select financing terms and access funding digitally, with repayment collected through small deductions from daily settlements instead of a single monthly instalment. Foodics is targeting SR 375 million in financing through Capital 2.0 during its first year. Available products include working capital and supplier invoice financing, with ticket sizes starting at around SR 20,000 and reaching SR 2 million or more for expansion financing. The company said traditional financing can take up to four weeks and may rely on assessment models that do not adequately reflect how restaurants operate, particularly affecting smaller establishments seeking access to capital. Capital 2.0 extends Foodics beyond restaurant management and payments into data-led financial services, using information already generated within its ecosystem to support lending decisions. Alongside the financing platform, Foodics showcased new omnichannel payment tools, instant settlement capabilities and updates to the MyFoodics app, which is being developed as a single account for managing sales, liquidity, receivables and financing access. Foodics operates a cloud-based ecosystem spanning restaurant management, payments and financial services across the MENA region. The company says its platform has processed more than 6 billion orders and has previously raised $170 million in a Series C round.

Foodics launches Capital 2.0 with SAR 375 million restaurant funding target. Foodics has launched Capital 2.0, an automated restaurant funding product targeting SAR 375 million in its first year. Sep 14, 2026 Change language to Foodics has launched Capital 2.0, an automated funding product for eligible restaurants, and is targeting SAR 375 million in funding during its first year. The company unveiled the service at Money20/20 Middle East in Riyadh. Foodics Capital 2.0 uses restaurant data. Capital 2.0 uses a restaurant's performance data and an embedded AI layer to assess funding eligibility. Approved businesses can complete the process through their Foodics account, with the company saying funding can be approved and disbursed within four hours. The product places funding inside the same system restaurants already use for management and payments. Foodics has not disclosed the funding limits, repayment terms, fees or the number of restaurants expected to qualify in the release supplied to tbreak. What Foodics Capital 2.0 means for UAE restaurants. Foodics operates across the Middle East and has an established UAE presence. The company's earlier Money20/20 Middle East announcement described its restaurant-management and payments business in the region. The Capital 2.0 announcement does not confirm whether UAE restaurants can apply immediately, whether funding will be offered in AED, or which local financing rules will apply. UAE operators will need to check their Foodics account for eligibility and terms. Foodics' own site is the current source for product and market information. Tbreak previously covered Foodics' Forward Together initiative and its work with the UAE food and beverage sector. The new product targets a more direct problem: giving eligible restaurants access to working capital without leaving the platform they use to run the business. Foodics has also published its restaurant technology platform overview, which remains the reference point for product availability and regional details. Two newsletters. Zero noise. Pick what lands in your inbox. Unsubscribe anytime. Tbreak Media don't share your email. What is Foodics Capital 2.0? How quickly can Capital 2.0 funding be approved? Is Foodics Capital 2.0 available in the UAE?