As the Buy Now, Pay Later (BNPL) sector continues to reshape financial landscapes, Saudi Arabia is witnessing a remarkable surge in innovative startups catering to diverse segments: Traditional BNPL Segment: Pioneering with a conventional approach, these startups are redefining retail experiences: ► Tabby ► Tamara ► Madfu | مدفوع ► KadiPay ► Spotii in a Box ► MIS Pay ► DaftarPay Rent Now, Pay Later (RNPL): A unique twist in the BNPL space, focusing on rental payments: ► Rize | رايز ► Ejari | ايجاري ► Ajras | أجراس Study Now, Pay Later: Empowering education with financial flexibility: ► JeelPay | جيل باي BNPL for SMEs: Supporting small and medium enterprises with tailored financial solutions: ► Bynow ► Positive Facilities Co ltd ► LDUN ► SalesFine Are any companies missing in this interesting overview made by FinArabia ? Find this helpful? [ 𝗿𝗲𝗽𝗼𝘀𝘁 ] Anything to add about this subject? [ 𝗶𝗻𝘃𝗶𝘁𝗲𝗱 𝘁𝗼 𝗰𝗼𝗺𝗺𝗲𝗻𝘁 ] Nice story, Marcel. Next! [ 𝗹𝗶𝗸𝗲 ] #fintech #buynowpaylater #bnpl #payments #paytech #digitalpayments #financialtechnology #fintechindustry #fintechnews
Study Now, Pay Later - I think this will be a huge growth product in every region as the cost of higher education continues to rise!
Great overview of the BNPL sector in Saudi Arabia! 👍
Wow Marcel, this is some great overview! I'm particularly intrigued by the RNPL segment - it's a fresh take on the BNPL concept and could be a game-changer in markets where rental costs are high. And let's not forget the SMEs - these businesses often struggle with cash flow, so tailored financial solutions can make a world of difference. But while we're all excited about this surge, it’s important to keep an eye on the potential pitfalls too. We don't want consumers drowning in debt or regulators coming down hard. It's all about balance, isn't it?
Ashish Ranjan RNPL players in saudi.
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11moBNPL has remarkable growth potential in GCC market. Personally I have try it couple of times. It really value a lot in retail sector. Although few predicts its a bubble and can burst anytime 😊.