The Central Bank of Kuwait hosted an introductory event at its headquarters to launch the Buy Now Pay Later (BNPL) Project, a flagship initiative under its Initiative Accelerator Program, and invited supervised entities to participate. The Initiative Accelerator Program is intended to support Kuwaitis with innovative ideas for the banking and financial sector through defined tracks and an integrated package of support and guidance. For the BNPL Project, a dedicated team combining technical and commercial capabilities developed BNPL solutions tailored specifically to the Kuwaiti financial sector and, after completing all phases of the work, extended invitations to multiple Central Bank of Kuwait regulated entities.
Central Bank of Kuwait 2025-06-23
Central Bank of Kuwait launches BNPL Project within its Initiative Accelerator Program
The Central Bank of Kuwait launched the Buy Now Pay Later (BNPL) Project as part of its Initiative Accelerator Program, inviting regulated entities to participate in this initiative aimed at fostering innovation in the Kuwaiti financial sector.