SAMA Licenses “Modern Integrated Solutions Financing” Company to Engage in BNPL Activity”

البنك المركزي السعودي يرخص لشركة "الحلول العصرية المتكاملة للتمويل" لمزاولة نشاط الدفع الآجل

The Saudi Central Bank (SAMA) licensed "Modern Integrated Solutions Financing" company to engage in buy-now-pay-later (BNPL) activity, bringing the total number of licensed finance companies to 71. SAMA stated the decision supports the finance sector and encourages innovation in financial services to enhance financial inclusion. SAMA emphasized the importance of dealing only with institutions licensed or authorized by it, which can be verified via its website.

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