Tag "Spotii"

The Saudi Central Bank Permits Additional BNPL Company

The Saudi Central Bank (SAMA) permitted “Tabby” to provide Buy Now Pay Later (BNPL) solutions. With Tabby, there are now five authorized companies offering BNPL solutions in Saudi Arabia. The BNPL solutions provide finance to customers wishing to buy products

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Nymcard Acquires BNPL Platform Spotii to Offer Solutions for Banks and Financial Institutions

NymCard, a Dubai based payments infrastructure provider, has completed the acquisition of Spotii, a prominent Buy Now Pay Later (BNPL) Fintech operating in key markets including KSA, UAE, and Bahrain. This strategic move positions NymCard to offer its financial services

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Saudi Central Banks Permits First Time BNPL Companies

The Saudi Central Bank (SAMA) granted “Spotii” and “Madfu” permits to carry out Buy Now Pay Later (BNPL) solutions pursuant to Saudi Central Bank Law and Finance Companies Control Law for providing finance to customers wishing to purchase products or

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