Buy Now Pay Later
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...
Middle Eastern startups attracted $2.88 billion dollars investments in 2021
The Digital Digest and Arabnet publish “The State of Digital Investments in MENA 2019-2021” summary report, which offers a comprehensive look at the tech investment landscape in the MENA region, wit...
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...
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...
UAE-based fashion startup Mr. Draper unveils new services
UAE-based fashion startup, Mr. Draper has enhanced its popular online styling and ‘try-before you buy’ option by adding two new services – a tailoring solution and a basics online shop – that wi...
Zip Co makes a strategic investment in Spotii
Spotii, a leading BNPL player in the GCC region received a strategic investment from Zip Co, an Australian publicly traded BNPL pioneer. The combined forces of Spotii and Zip will provide a wealth of ...
Mastercard partners with Spotii to enable consumers to ‘buy now pay later’
Spotii and Mastercard have partnered to facilitate ‘Buy Now Pay Later’ payment plan and offer millions of consumers access to flexible installment payment options with zero additional cost or hidden f...