Saudi Arabia’s PayTabs inks deal with Tabby
On the back of the deal, PayTabs will offer Tabby’s split payment option to merchants in both Saudi Arabia and the United Arab Emirates.
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Tag: Saudi Arabia
BNPL firm Tamara raises $250 million in debt financing
Saudi Arabia-based fintech Tamara has secured up to $250 million in additional debt financing amidst growing popularity for BNPL in the region
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Tabby partners with Almosafer to split travel payments
Saudi Arabia-based Almosafer has partnered with BNPL firm, Tabby, to allow consumers split travel expenses into four monthly payments.
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Tabby becomes MENA’s first fintech unicorn with $200 million equity financing
Saudi Arabia-based fintech Tabby has raised $200 million in equity financing at a valuation of $1.5 billion making it the first fintech in the Middle East and North Africa (MENA) region to achieve unicorn status.
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Hyperpay taps Paymentology’s payments platform in Saudi Arabia
The deal between Hyperpay and Paymentology comes as the Fintech industry in the MENAP region is expected to increase from $1.5 billion in 2022 to $4.5 billion in 2025.
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Qarar and Biz2X launch cloud-based SME lending platform in Saudi Arabia
Data analytics and credit decisioning company Qarar and fintech Biz2X are aiming to bridge the financing gap faced by SMEs in Saudi Arabia with a new cloud-based lending platform
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Turkish e-commerce giant Trendyol set to launch Gulf operations
Trendyol has begun initiating operations in both the UAE and Saudi Arabia with plans to reach 4.5 million customers in the region by 2024.
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Noon launches noon Pay, peer-to-peer payments in the UAE and Saudi Arabia
Noon launches noon Pay, peer-to-peer payments in the UAE and Saudi Arabia
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Digital Banking: Embracing digital identity, regulation, and collaboration in the Middle East
The Middle East is one of the world’s fastest growing markets in the banking and Fintech...
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Yango Deli Tech partners with grocery delivery platform in Saudi Arabia
The platform will use Yango Deli Tech’s software to streamline its operations following a pilot project conducted at one of Nana’s dark stores earlier this year.
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Nomo launches multi-currency bank accounts for Gulf region
The service, which allows users to send money in six different currencies, will be available first in Kuwait before being rolled-out to the rest of the region.
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MishiPay to roll out scan and go technology in Saudi Arabia
Women’s wear brand, Bloomingwear will begin deploying MishiPay’s scan & go tecnology in all its stores in Jeddah, Riyadh, and Dammam in the coming weeks
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Study: Meta reveals behavioural insights of shoppers during Ramadan
The study was conducted in partnership with YouGov during Ramadan 2022 in 12 countries, including the UAE, Saudi Arabia and Egypt
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Mobily and Ericsson launch Mobile Pay in Saudi Arabia
The service is built on the Ericsson Wallet Platform with a range of payment and money transfer functions
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Saudi Central Bank licenses debt-based crowdfunding fintechs
Forus and Tameed were granted licences after successful testing of their services
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