Saudi BNPL startup Tamara secures $100m funding to spur growth
Tamara, a Saudi Arabia-based buy now, pay later (BNPL) startup, has raises $100m in it Series B funding round, Reuters…
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Alhokair Family buys minority stake in BNPL platform valU
EFG Hermes’ subsidiary valU, a buy-now, pay-later (BNPL) platform in the MENA region, has agreed to divest a 4.99% interest…
MoneyGram signs partnership with Saudi Arabia’s Mobily Pay
MoneyGram International has signed a partnership to launch its international money transfer capabilities on Mobily Pay, the mobile wallet service…
Mastercard invests in Saudi Arabia’s HyperPay
Mastercard has made an undisclosed strategic investment in Saudi Arabia-based e-commerce payment service provider HyperPay, following a strategic alliance between…
MoneyGram forges cross-border payments partnership with urpay
MoneyGram International has joined forces with digital wallet urpay to facilitate cross-border money transfers from Saudi Arabia. As part of…
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Western Union completes acquisition of minority stake in stc Bank
The Western Union Company has completed its acquisition of a 15% stake in Saudi Arabia-based stc Bank for $200m. The…
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Saudi Payments launches mobile acceptance solution for SMEs with Visa
Saudi Payments, which is owned by Saudi Central Bank (SAMA), has teamed up with Visa to launch a low-cost mobile…
Fintech firm Ziina raises $7.5m to fund Saudi expansion
Dubai-based fintech Ziina has raised $7.5m in a new funding round to accelerate its expansion to Saudi Arabia and Jordan…
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