SAMA Licenses “Tabby finance” Company to Engage in BNPL Activity

البنك المركزي السعودي يرخص لشركة "تابي للتمويل" لمزاولة نشاط الدفع الآجل

The Saudi Central Bank (SAMA) has licensed Tabby Finance Company to engage in buy-now-pay-later (BNPL) activity, bringing the total number of licensed finance companies in the Kingdom to 68. The decision aligns with SAMA's efforts to support and enable the finance sector, encourage innovation in financial services, and advance financial inclusion across all segments of society. SAMA emphasizes the importance of dealing only with financial institutions licensed or authorized by it, which can be verified through its website.

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