Buy now pay later and digital lending solutions
MNT-Halan plans to sell 20 percent of its Egyptian arm on the EGX in October, 320 million shares, price still unset. Turkey, Pakistan and the UAE stay private. The sale is secondary. A June group valuation of $1.4 billion is not the offer price.
SAMA approved a rise in Go Money’s capital from SAR 20 million to SAR 138 million. GO Telecom will inject SAR 100 million in cash and capitalise SAR 18 million already advanced. The parent keeps 100 percent. Articles still have to be amended.
CBE put financial inclusion at 79 percent by June 2026, 56.4 million adults with an active account. August rules opened eKYC on the Digital Financial Identity platform. Reserves hit $57.2 billion, with gold up and foreign currency down. AI is still a layer, not the licence.
mylo and AXA Egypt signed a group credit life insurance programme on 23 September 2026. Eligible balances can be settled on death or permanent total disability, with no extra installment. Terms, limits and who pays the premium were not published.
Fina has launched the Fina Fund, a CMA-licensed direct financing vehicle managed by Joa Capital targeting SAR 500 million to embed liquidity into procurement, supplier payments and receivables for Saudi SMEs.
Naran, a UAE-based mobility fintech, has raised 10 million dollars in equity and debt from Landel. It provides rent-to-own vehicle financing to ride-hailing and delivery drivers across Latin America and Africa, using the UAE as its base.
E-finance, Egypt's PIF-backed fintech infrastructure group, has agreed to acquire microfinance lender Tamweely for up to 94 million dollars. The deal pushes e-finance beyond payments into direct MSME lending, capturing more value in its ecosystem.
Tabby's Saudi financing arm grew its lending portfolio strongly in the first half of 2026 even as revenue declined. The split reflects how a fast-scaling BNPL business can expand loans while booking softer income and rising credit-risk costs.
Tabby has launched Tabby Cash, a fee-free UAE spending account with a cashback debit card, marking its expansion from BNPL into full financial services. More than 150,000 people are already using the product ahead of its wider rollout.
SAMA has licensed Credit Line to offer consumer microfinance services in Saudi Arabia. This brings the total number of licensed finance companies to seventy seven. The move aims to expand access to small scale credit and boost financial inclusion.