Tamara will use the funds to introduce new services and products, as well as to expand to new markets
Buy now Pay later
Buy now Pay later
Dubai BNPL firm Tabby secures $150 million financing
Tabby, which allows customers to purchase goods and pay for them in instalments, has so far raised $275 million in capital
Brand View
Postpay launches GCC’s first express checkout bringing a best-in-class solution to e-tailers and customers
Customers can use One by Postpay to check out faster, easier, and more securely across their favourite online brands
BNPL
Mubadala leads Klarna funding even as valuation slides 85 percent
Klarna CEO Siemiatkowski said the company is “not immune to public peers being down 75-90 percent and hence our valuation is down on par”
Buy now Pay later
Saudi-based BNPL startup Tamara expands operations to UAE
The buy-now-pay-later company said it already has Namshi, SHEIN and Swarovski on board and hopes to sign up hundreds more merchants in the coming months
Alhokair Family
Egypt-based fintech firm valU strikes $12.4mn funding deal with Saudi’s Alhokair Family
The latest round of funding will take the valuation of ValU to $247.4 million
Buy now Pay later
How consumers can protect themselves from buy now pay later fraud
Fake account set-up using stolen card details and identities is one of the most common fraud used in buy now pay later payment methods
Buy now Pay later
How retailers can get more out of every transaction this Ramadan
Amidst a changing retail and payment landscape, Mo Ali Yusuf, Regional Manager for MENAP at Checkout.com, explains how businesses selling into the region can plan ahead to maximize sales and growth opportunities in the period ahead
Buy now Pay later
Postpay and Commercial Bank of Dubai partner for fintech-bank collaboration
CBD and buy now, pay later provider Postpay team up on new debt financing arrangement
Brand-as-a-Service (BaaS)
Banking as a service: The $7 trillion opportunity
Companies are already using banking as a service platforms to build deeper connections with their customers and build brand loyalty
Buy now Pay later
Why buy now pay later is on the rise across the GCC
Among millennials, the payment method is fast replacing credit cards as a more convenient and transparent way to transact
Abu Dhabi Islamic Bank
Abu Dhabi bank to launch UAE’s first virtual Buy Now Pay Later prepaid card
Abu Dhabi Islamic Bank has partnered with Spotii to allow customers to spread out the cost of their purchases
Afterpay
Dubai-based Postpay secures $10m investment to fund MENA growth
Equity investment was secured from AP Ventures and global BNPL leader Afterpay
business funding
Mubadala-backed Dubai fintech start-up loads up on debt financing
Co-founded in 2019, tabby has raised more than $30m in funding from local and global investors
Buy now Pay later
Buy now, pay later service Spotii teams up with Palazzo Versace Dubai
Buy now, pay later services have surged in popularity during the pandemic as many faced financial uncertainty and the option of paying later became more attractive