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
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
Mastercard has partnered with Jeel, a subsidiary of Riyad Bank, to introduce advanced digital solutions, including artificial intelligence, to the Saudi Arabian market.
partnership, financial services, payments , artificial intelligence
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
JeelPay, a Saudi BNPL fintech company, has announced that it obtained USD 6.6 million in a Pre-Series A investment round to further advance its expansion strategy.
funding, investment, startup, BNPL, payment methods, instalment payments
Payment gateway provider in the MENA region HyperPay has announced that it secured a licence from the Saudi Central Bank (SAMA) to advance the development and optimisation of the financial sector in the region.
financial services, fintech, digital payments, expansion, online payments, digital wallet
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
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
EdfaPay, a fintech platform based in Saudi Arabia, has secured USD 5 million in a Pre-Series A funding round, which was led by OmanTel Innovation Labs.
payments , ecommerce, payments solutions, funding, fintech
White-label payment gateway provider Akurateco has joined forces with DineroPay to advance Saudi Arabia’s mobile payments sector.
partnership, mobile payments, digital payments, financial services, Apple Pay, Google Pay
Saudi Arabia-based Alinma Bank has launched a new platform powered by IBM’s hybrid cloud and AI integration technologies.
banks, API, financial services, partnership, product launch
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
D360 Bank has secured approval from the Saudi Central Bank (SAMA) to launch its digital banking operations, aiming to offer clients Shariah-compliant financial services.
product launch, banking, financial services, financial institutions
US-based Mastercard has entered a strategic collaboration with urpay to provide its customers with access to cross-border payment solutions.
partnership, cross-border payments, remittances, money remittance, digital payments
Saudi Arabia-based fintech Nearpay has bagged USD 14 million in Series A funding led by Sanabil Investments.
funding, investment, SoftPOS, expansion, payments infrastructure
Saudi-based fintech savings platform Hakbah has entered into a partnership with Tawunniya Insurance to provide its customers with life insurance coverage during their Jameya time.
partnership, financial services, financial inclusion, fintech, insurance