Emkan Finance, a leading Saudi FinTech company specializing in innovative financing solutions, proudly announces that it has received a license from the Saudi Central Bank (SAMA) to offer deferred payment services, commonly known as 'Buy Now, Pay Later.' This announcement coincides with Emkan's participation as a strategic partner in the 24FinTech Exhibition.

Emkan is dedicated to driving positive change in the financial sector by developing smart solutions that underline its pivotal role in leading digital transformation as a prominent financial technology company in the Kingdom. With the rapid growth of digital financial services, Emkan is committed to meeting the evolving needs of its customers and contributing to the advancement of the financial sector.

The 'Buy Now, Pay Later' service provides a flexible shopping experience by allowing customers to make purchases with easy, interest-free installments. This service offers greater flexibility for Saudis and residents, whether shopping in stores or online, through a fully digital experience. It also supports store owners by boosting sales and streamlining operations.

Mr. Abdullah Al-Habdan, CEO of Emkan, expressed gratitude to the Saudi Central Bank for its continuous support of the financial sector and fintech companies in the Kingdom. He also reaffirmed the company's commitment to delivering the best financing and financial solutions that align with Islamic Sharia principles.