JEDDAH: Saudi Arabia’s banking regulator has licensed Daftar Technologies to provide buy now, pay later services, bringing the total number of finance companies authorized by the monetary authority to 76. The Saudi Central Bank, known as SAMA, said that the decision reflects its endeavor to support and enable the finance sector, increase the efficiency of financial transactions, and promote innovative financial solutions for financial inclusion in Saudi Arabia.

JEDDAH: Saudi Arabia’s banking regulator has licensed Daftar Technologies to provide buy now, pay later services, bringing the total number of finance companies authorized by the…

JEDDAH: Saudi Arabia’s central bank has approved Indian fintech firm TotalPay to operate as an e-commerce payment technical service provider, expanding the Kingdom’s fast-growing…