Fueling Fintech Growth
Saudi fintech Arabian Pay has secured an undisclosed investment in its Pre-Seed funding round from Al Bassami Holding Group, a leader in the logistics and transportation sector. This investment will boost Arabian Pay’s market presence and accelerate the development of its Buy Now, Pay Later (BNPL) platform. Additionally, it will help expand partnerships to enhance financial accessibility for SMEs and startups.
The signing ceremony was attended by Mohammed Rashid Alabdullatif, Founder and CEO of Arabian Pay, and Omar Al Bassami, CEO of Al Bassami Holding Group. This partnership is more than just financial backing—it provides strategic collaboration opportunities. This will help drive innovation in Saudi Arabia’s fintech sector.
Bringing BNPL to SMEs
Founded in 2023, Arabian Pay is reshaping access to financing by offering interest-free BNPL solutions for small and medium-sized enterprises. Through its platform, businesses can split payments into three installments when purchasing from suppliers and merchants—helping them manage cash flow without the burden of additional costs.
The investment from Al Bassami Holding Group is a vote of confidence in Arabian Pay’s mission to expand financial inclusion. By easing cash flow constraints, the company is empowering SMEs to scale their operations. Not just this, it will also contribute to Saudi Arabia’s growing digital economy.
Expanding Partnerships & Innovation
This funding will enable Arabian Pay to:
- ✅ Enhance its fintech platform for a seamless BNPL experience.
- ✅ Grow strategic partnerships to integrate BNPL across more industries.
- ✅ Strengthen its financial ecosystem, creating smarter payment solutions for businesses.
As Saudi Arabia continues its digital transformation, this partnership aligns with Vision 2030—the Kingdom’s roadmap for economic diversification and innovation. The demand for flexible financing solutions is rising, making Arabian Pay well-positioned to lead the BNPL revolution in Saudi Arabia.
The Future of Fintech in Saudi Arabia
The fintech sector in Saudi Arabia is rapidly evolving, with BNPL emerging as a game-changer for businesses. Arabian Pay’s expansion reflects a broader shift towards digital-first financial solutions that support economic growth and business sustainability.
With Al Bassami Holding Group’s backing, Arabian Pay is set to accelerate its impact, providing SMEs with innovative financial solutions that foster a stronger, more inclusive economy. As fintech adoption increases, Arabian Pay aims to be at the forefront of the industry’s transformation—empowering businesses and reshaping the future of digital payments in the region.
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