Kuwait news and trends

BNPL Finds Appeal in Wealthy Middle Eastern Countries
Buy Now Pay Later // December 19, 2023

There’s an old story, possibly apocryphal, where F. Scott Fitzgerald tells Ernest Hemingway: The rich are different from you and me. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Riyadh-Based Buy Now, Pay Later Platform Tabby Raises $200 Million
BNPL // November 01, 2023

Tabby, a buy now, pay later (BNPL) platform based in Riyadh, has raised $200 million in its Series D funding round, achieving a valuation of $1.5 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Kuwait Imposes ‘Absolute Prohibition’ on Crypto Payments
Cryptocurrency // July 20, 2023

Kuwait has outlawed the use of cryptocurrency in payments or investments to prevent money laundering. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Kuwait’s Central Bank Asks Volunteers to Test Its BNPL Product
Buy Now Pay Later // October 24, 2022

The Central Bank of Kuwait (CBK) announced that it has allowed a new buy now, pay later (BNPL) product to begin testing with volunteer customers and merchants before launching in the market. Get the Full Story Complete the form to unlock this article and enjoy...

Quick Reads
AI Startups Find Financing Pipeline in Middle Eastern Sovereign Wealth Funds 

September 22, 2024
Sovereign wealth funds have reportedly become major players in the artificial intelligence (AI) funding race. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive […]

Riyadh-Based Buy Now, Pay Later Platform Tabby Raises $200 Million

November 01, 2023
Tabby, a buy now, pay later (BNPL) platform based in Riyadh, has raised $200 million in its Series D funding round, achieving a valuation of $1.5 billion. Get the Full...

Kuwait Imposes ‘Absolute Prohibition’ on Crypto Payments

July 20, 2023
Kuwait has outlawed the use of cryptocurrency in payments or investments to prevent money laundering. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Kuwait’s Central Bank Asks Volunteers to Test Its BNPL Product

October 24, 2022
The Central Bank of Kuwait (CBK) announced that it has allowed a new buy now, pay later (BNPL) product to begin testing with volunteer customers and merchants before launching in...