Al Jazeera Finance, Spendwisor partners to drive digital economy

DOHA: Qatar is making significant strides in the digital transformation of its financial sector with the announcement of a strategic partnership betwe...

DOHA: Qatar is making significant strides in the digital transformation of its financial sector with the announcement of a strategic partnership between Al Jazeera Finance and Spendwisor, a leading Buy Now, Pay Later (BNPL) fintech company.

In support of the Qatar Central Bank, Spendwisor has successfully secured approval to join and test in the local sandbox environment, making it one of the first fintech companies in Qatar to offer BNPL solutions under QCB Sandbox environment. Through this strategic collaboration, Al Jazeera Finance aims to empower Spendwisor to expand its innovative services and provide flexible payment options to consumers, thereby promoting financial inclusion and driving the digital economy.

“We are excited to partner with Spendwisor, a pioneering fintech startup that is redefining how consumers manage their purchases and finances in Qatar,” said Amer Al Jaberi, CEO of Al Jazeera Finance.

“Our investment reflects our belief in Spendwisor’s vision and our commitment to supporting innovative solutions that drive economic growth and financial inclusion in our community.”

Spendwisor’s BNPL platform offers consumers flexible payment options, making purchases more convenient and manageable. This partnership will accelerate Spendwisor’s growth and enable it to reach a wider audience with its leading services.