- Arabian Pay, a Saudi fintech company, has closed a Pre-Seed funding round from Al Bassami Holding Group, with the investment amount undisclosed.
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The company offers Buy Now, Pay Later (BNPL) solutions tailored for SMEs, allowing installment payments with no interest.
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The funding supports Arabian Pay’s mission to enhance financial inclusion and help businesses manage cash flow challenges in Saudi Arabia.
Arabian Pay, a Saudi-based financial technology startup, has successfully closed a Pre-Seed investment round with backing from Al Bassami Holding Group, a major player in logistics and transportation. The investment amount was not disclosed.
This strategic partnership with Al Bassami Holding offers more than just financial backing—it provides a collaborative pathway for innovation, helping Arabian Pay grow its presence in the local market and contribute to Saudi Arabia’s broader economic activity.
Arabian Pay’s vision is to advance financial inclusion by offering tailored fintech solutions that address cash flow challenges faced by small and medium-sized enterprises (SMEs).
At the core of its offering is a Buy Now, Pay Later (BNPL) solution designed specifically for SMEs. The service allows businesses to split their payments into three interest-free installments when purchasing from suppliers and merchants, giving them greater financial flexibility and improving capital efficiency.
With this new funding, Arabian Pay plans to accelerate the development of its platform, expand its strategic partnerships, and strengthen its fintech infrastructure. These steps aim to empower SMEs across the Kingdom with smarter, more agile payment solutions that support long-term growth and financial sustainability.
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