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Arabian Pay

Arabian Pay

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A Sharia-compliant Buy Now, Pay Later (BNPL) platform that lets Saudi SMEs finance purchases from vetted suppliers in interest-free installments.

Riyadh, Saudi ArabiaFounded 2023
Fintech

Arabian Pay is a Riyadh-based fintech founded in 2023 by Mohammed Rashid Alabdullatif, offering B2B BNPL financing so SMEs can pay suppliers in installments without straining working capital. In March 2025 the company received an undisclosed pre-seed strategic investment from Al Bassami Holding Group to expand its BNPL offerings.

Founders

Mohammed Rashid Alabdullatif

Founder & CEO

Funding Rounds

Pre-SeedMar 2025

Lead: Al Bassami International Group

Investors: Al Bassami International Group

Undisclosed amount; strategic pre-seed from the Al Bassami logistics group (also spelled Al Basami / Al Bassami Holding). Wamda dated 24 Mar 2025, Crunchbase lists 18 Mar 2025; the company's own news page shows a 4 Dec 2025 date that looks like a CMS republish. Also: https://www.wamda.com/2025/03/saudi-fintech-arabian-pay-receives-investment-expand-bnpl-offerings https://www.zawya.com/en/business/fintech/saudi-fintech-arabian-pay-scales-bnbl-services-for-smes-via-funding-round-f5hy6gux https://arabfounders.net/en/arabian-pay-pre-seed-funding-al-bassami-group/ https://en.arageek.com/arabian-pay-secures-strategic-investment-drives-bnpl-innovation-for-saudi-smes https://www.crunchbase.com/funding_round/arabianpay-pre-seed--5beee821 Confidence: confirmed (round 13, Arabian Pay).

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