BNPL & Lending

Saudi fintech Madfu bags $25.5M to accelerate BNPL growth

Saudi BNPL startup Madfu has raised $25.5 million to expand its fintech footprint across the Kingdom, accelerating growth in digital payments and consumer finance under Vision 2030.

Infinity Value Capital leads $2M round for UAE’s Omnispay SME finance platform

UAE based fintech Omnispay secures $2 million in pre series A funding led by Infinity Value Capital Group to scale its AI driven SME finance platform, expand embedded lending, and accelerate GCC expansion.

Jarir receives SAMA approval to establish SAR 50 Million Micro-Consumer finance firm

Jarir secures preliminary SAMA approval to establish Rifd Integrated Co., a SAR 50 million micro-consumer finance company, partnering with Aman Egypt to expand financial services in Saudi Arabia.

Pay Later closes $10M seed funding to expand flexible payments in Qatar

Qatari fintech startup Pay Later has closed a $10 million seed funding round to expand its buy now pay later and embedded finance solutions across the GCC, reflecting rising investment in flexible payment technologies in the region.

Flooss locks in $22M facility to expand Shariah compliant lending

Bahrain based Shariah compliant fintech Flooss has secured a $22 million credit facility structured by Shorooq, as it scales its digital consumer financing products under Central Bank of Bahrain regulation.

Saudi fintech Erad raises $125M to expand embedded SME Lending in Gulf

Saudi fintech Erad has secured a USD 125 million credit facility with Jefferies and Channel Capital to scale SME financing across the GCC, expanding working-capital access for SMEs amid a regional credit gap.

Pre-IPO share sale pushes Tabby’s valuation to $4.5 billion

Saudi-based fintech Tabby completes a secondary share sale at an implied valuation of USD 4.5 billion, marking one of the largest valuations in the Middle East’s fintech ecosystem as it prepares for a potential IPO.

Egyptian fintech MNT-Halan taps debt market again with $71.4M issuance

Egyptian fintech unicorn MNT-Halan raises $71.4 million in its seventh securitised bond deal to expand lending and deepen financial inclusion across Egypt.

Riyadh’s Tamara to land $1.4 Billion debt , expanding global BNPL race