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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Both Gulf firms are being celebrated as fintech trailblazers. Mostly because they found themselves in the right place at the right time.
قصص آنية ومفصلة ومكتوبة بعناية من المنطقة
Timely, detailed and well-written stories from the region
Last month, Saudi Arabian daily Al-Eqtisadiah offered a rare glimpse into the quarterly financials of Tabby and Tamara, two of the most prominent Gulf-based buy now, pay later (BNPL) startups. Looking beyond the fintech hype in the region, the report shines a light on the hard numbers. And it's safe to say that both companies seem to have pleasantly surprised investors.
Tabby’s revenue jumped 38% year on year to 319.4 million riyals (around $85 million) in the first quarter of the ongoing fiscal. And Tamara clocked a 40% rise at 215.9 million riyals ($57.5 million). These numbers are remarkable but …
آراء حول أحدث التطورات في الأعمال والاقتصاد من محرر الشرق الأوسط
Views on the latest happenings in business and economy from our ME Editor
