SAMA Licenses "Madarik for Financing" Company to Engage in BNPL Activity

البنك المركزي السعودي يُصدر ترخيصاً لشركة "مدارك للتمويل" لمزاولة نشاط الشراء الآن والدفع لاحقاً

The Saudi Central Bank (SAMA) licensed "Madark Solutions for Financing" company to engage in buy-now-pay-later (BNPL) activity, bringing the total number of SAMA-licensed finance companies to 74. The decision reflects SAMA's ongoing efforts to support the finance sector, enhance the efficiency of financial transactions, and promote innovative financial solutions for financial inclusion in Saudi Arabia.

Original PDF ↗

See all from SAMA →