Saudi Arabia

Is Saudi Arabia set to become the next P2P hub?

| August 4, 2021

Fintech solutions company JustCoded has noted a rise in enquiries coming from Saudi Arabia-based P2P start-ups, while a recently-created regulatory sandbox has been helping Saudi-based lenders to scale up.   The growth of the Fintech market has been named a key part of the financial sector development program of Saudi Arabia’s Vision 2030 initiative. Moreover, …

Fintech funding record: Dubai-based Tabby raises $50mln in debt financing

| July 14, 2021

Dubai-based buy-now, pay-later company Tabby has raised $50 million in debt financing from Partners for Growth (PFG). It is one of the largest ever such facilities for a Fintech startup in the MENA region.   Buy-now, pay-later facility enables customers to buy goods and then pay for them in installments or after a certain period …