Discover all the payments and fintech-related news and analysis about Saudi Arabia in The Paypers News, Reports, along with other Saudi Arabia-specific insights on the payments and fintech industry:
Discover all the payments and fintech-related news and analysis about Saudi Arabia in The Paypers News, Reports, along with other
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Tamara has announced the raise of USD 340 million in a Series C funding round to launch new products and target opportunities in Saudi Arabia and across the GCC.
funding, investment, payments , online payments, mobile payments, digital payments, ecommerce
Saudi Arabia-based delivery supper app ToYou has partnered shopping and payments app Tabby to launch a Buy Now, Pay Later (BNPL) solution, ToYou Pay Later.
partnership, payments , online payments, payment methods, BNPL, m-commerce, ecommerce, ecommerce platform
American Express Saudi Arabia has signed an agreement with travel company Almosafer Business to centralise payments through its Corporate Travel Account.
credit card, travel payments, partnership, corporate card
Saudi Central Bank has announced the issuance of Rules for Regulating Buy Now Pay Later Companies, as part of its role in supervising the BNPL companies.
BNPL, regulation, ecommerce, financial services, compliance
MENA-based Open Banking platform Tarabut Gateway has announced the successful completion of a USD 32 million Series A funding round.
investment, Open Banking, fintech, Open Finance, Open Data Economy
UK-based financial crime platform Themis has announced the expansion of its financial crime risk management cloud service hosted in Saudi Arabia.
fraud management, expansion, financial crime, artificial intelligence, fraud prevention
The Saudi commerce ministry has referred 200 online stores to the E-commerce Violations Committee in the country to impose legal penalties for violating compliance standards.
ecommerce, ecommerce platform, digital payments, online payments, payment methods, local payment method, regulation, compliance
Saudi-based fintech savings platform Hakbah has announced its USD 5.1 million Series A funding to accelerate growth and product development.
funding, investment, growth markets, platform, savings
The Saudi Central Bank (SAMA) has announced the licensing of a new company, Mobil Pay, for financing and electronic payments.
Saudi Central Bank, certification, regulation, financial inclusion, digital wallet
Kuwait-based fintech Spare has obtained the KSA Open Banking certification, based on the Open Banking Framework released by the Saudi Central Bank.
certification, Open Banking, Open Finance, mobile banking, digital banking, online banking
Saudi Central Bank has announced the plan to issue a new regulatory framework for Open Banking in Q4 2023, for the payment origination services.
product launch, mobile banking, online banking, digital banking, banking, Open Banking, Open Finance
Mastercard and Fintech Saudi have signed memorandum of understanding (MoU) to advance growth and development in the Saudi Arabia fintech industry.
fintech, digitalisation, SMEs, startup, partnership
Tamara, a Saudi Arabia-based Buy Now, Pay Later (BNPL) firm, has raised USD 100 million in a second round of fundraising from investors including Sanabil Investments.
BNPL, funding, startup, investment, payments
MoneyGram has launched its money transfer capabilities on mobile wallet Mobily Pay to enable people in Saudi Arabia to send money in near real time.
money transfer, remittance, digital wallet, partnership, digitalisation, API
Saudi Arabia’s Ministry of Industry and Mineral Resources has signed an MoU with Standard Chartered Bank in order to improve investments in mining.
partnership, investment, digital banking, online banking
Mastercard has partnered with fintech Geidea to provide consumers and businesses in Saudi Arabia with greater access to both advanced card and payment solutions.
partnership, Issuer, payments , paytech, fintech, merchants, ecommerce, banking
Saudi Arabia-based fintech Nearpay has bagged USD 14 million in Series A funding led by Sanabil Investments.
funding, investment, SoftPOS, expansion, payments infrastructure
UK-based open ecosystem regtech provider Konsentus has established its MENA regional base in the Kingdom of Saudi Arabia.
regtech, Open Banking, Open Finance, expansion
Saudi Arabia-based payment solutions provider PayTabs has announced a strategic partnership with a global brand delivering 3D secure solutions, Modirum.
partnership, digital payments, cybersecurity, 3-D Secure, EMV, payments , payment fraud, identity theft, online authentication, identity verification, fintech, merchants, ecommerce, digitalisation, payment processing
Coda Payments, a cross-border monetisation solutions provider, has partnered with Mobily to enable users to purchase mobile gaming top-ups and vouchers using their mobile phone numbers.
cross-border payments, money transfer, mobile payments, digital payments