UAE introduces law to regulate short-term credit facilities

UAE sets out legislation to regulate buy-now-pay-later credit

BNPL fintech firms can provide short-term credit services upon being licenced by the central bank as restricted licence finance companies

Tamara, Goldman Sachs

Goldman Sachs backs BNPL startup Tamara with $150m facility

The facility will help finance the growing demand for bringing the buy now, pay later products in the GCC while continuing its growth across new verticals

Abdulmajeed Alsukhan Tamara

Saudi fintech Tamara eyes expansion into new products following $110m funding

Tamara, which claims to be Saudi Arabia’s fastest-growing BNPL provider, allows consumers new ways to pay online

Checkout.com leads $110m round for Saudi fintech Tamara

The company raised $6m in seed funding at the start of this year