Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Jordan’s MADA has raised $1.55M pre-seed funding led by Vision Ventures and D-Investments to scale its BNPL services. Operating under the Central Bank’s sandbox, MADA plans to secure licensing, enhance tech infrastructure, and expand regionally as investor interest in Jordan’s digital finance sector grows.
SLT-Mobitel and KOKO have teamed up to provide Buy Now, Pay Later options for 4G and 5G devices in Sri Lanka, making advanced technology more affordable and accessible. This initiative supports digital inclusion and the country’s 5G rollout by enabling customers to pay in easy installments and removing upfront cost barriers.
Eazy Financial Services and Tamara have partnered to expand Buy Now, Pay Later payment solutions in Bahrain, combining secure payment infrastructure with innovative fintech offerings to advance the region’s digital commerce ecosystem.
Jumia partners with Diar Dzair to offer Buy Now, Pay Later services in Algeria, enhancing e-commerce accessibility and fostering digital financial inclusion in a cash-heavy market.
Network International has partnered with AlWasleh to enhance buy now, pay later services across the Middle East. This collaboration will enable seamless installment payment solutions and exclusive discounts for customers, while also allowing AlWasleh to introduce co-branded Visa credit cards, expanding their reach and improving consumer experiences.