Saudi Arabian Monetary Authority (SAMA) has licensed Tabby Finance to engage in buy-now-pay-later (BNPL) activity, bringing the total number of finance companies licensed by SAMA to 68. SAMA reiterated the importance of dealing exclusively with authorized financial institutions and noted that its official website provides a list of licensed and permitted entities.
Saudi Arabian Monetary Authority 2025-11-10
Saudi Arabian Monetary Authority licenses Tabby Finance to provide buy now pay later services
The Saudi Arabian Monetary Authority (SAMA) has licensed Tabby Finance for buy-now-pay-later (BNPL) activities, increasing the total number of SAMA-licensed finance companies to 68. SAMA emphasized the importance of engaging only with authorized financial institutions and directed stakeholders to its website for a list of licensed entities.