The Saudi Central Bank licensed Madark Solutions for Financing to engage in buy now pay later activity, bringing the total number of finance companies it licenses to 74, and reiterated that customers should deal only with authorized financial institutions listed on its website.
Saudi Arabian Monetary Authority 2026-05-10
Saudi Central Bank licenses Madark Solutions for Financing for buy now pay later activity taking licensed finance companies to 74
The Saudi Central Bank has licensed Madark Solutions for Financing to provide buy now pay later services, bringing the total number of licensed finance companies to 74. The authority reiterated that customers should only deal with authorized financial institutions listed on its website.