BNPL

QPay closes new round of seed funding led by Cyfr Capital

Oman’s new licensed ‘Buy Now, Pay Later’ (BNPL) financial services provider, QPay, has successfully closed its new round of seed funding, with Cyfr Capital taking the lead as the primary i...

Summer experiences boom in digital payments across UAE and Saudi Arabia

Consumers’ preferences for digital payment methods have deepened over the summer period in the UAE and Saudi Arabia, according to new data from global payments solution provider Checkout.com. The comp...

Tamara lands $1 billion valuation with $340m Series C funding

Tamara, the leading fintech platform to shop, pay and bank in Saudi Arabia and the wider GCC region, has achieved the historic milestone of becoming the Kingdom’s first homegrown fintech unicorn by se...

Tamara secure $150 million in debt financing from Goldman Sachs

Tamara, the leading shopping and payments platform in Saudi Arabia and the wider GCC region has closed a receivables warehouse facility of up to $150 million from Goldman Sachs. The latest round bring...

UAE-based fintech Tabby expands into Egypt

Tabby, the Middle East’s leading payments and shopping app, announced its launch in Egypt, enabling shoppers to pay over time without any interest or fees. Tabby works with multiple brands including L...

Islamic Fintech startup IMAN, closes $1million in seed funding

An Islamic Fintech startup IMAN, closes $1million in seed funding to introduce a new financial product that is Shariah-compliant in Muslim markets. The new platform uses technology to democratize acce...

ZoodPay completes $38 million Series B funding

ZoodPay, the “Buy Now Pay Later” (BNPL) Super App has successfully completed a $38 million Series B fundraising, attracting significant attention from leading global investors. London based VC Sturgeo...

tabby raises $50 million in a new equity round

tabby, the leading buy now, pay later (BNPL) provider in Saudi Arabia and the UAE, has raised $50 million in a new equity round which values the company at $300 million. This comes one month after tab...

Zip acquires Spotii

Leading global Buy Now Pay Later (BNPL) company, Zip, today announced the full acquisition of Dubai-based BNPL provider Spotii. The strategic investment will see Zip build on its initial 20 per cent i...