Kuwait Finance House (KFH) has signed a collaboration and partnership agreement with Taly, a local Fintech company specializing in Buy Now, Pay Later (BNPL) solutions. The collaboration aims to accelerate Taly’s market launch and operational readiness, reaffirming KFH’s commitment to enhancing market capabilities, supporting business innovation, and promoting financial inclusion.
KFH Group Chief Corporate Banking Officer, Yousef Almutawa, said that the agreement reflects KFH’s leading role in supporting the corporate sector and driving the technological advancement of financial transactions. He added that the partnership represents a forward-looking step designed to improve performance within Kuwait’s payments market.
Almutawa noted that Taly operates within a Sharia-compliant regulatory framework and offers innovative service mechanisms that were key to KFH’s decision to collaborate. He emphasized that KFH actively supports innovative projects and modern ideas that enhance financial performance, stimulate economic activity, and promote sustainable growth.
He further affirmed that KFH is committed to enabling corporates to achieve digital transformation in financial transactions, creating a secure and attractive environment aligned with the latest global technologies and customer expectations.
Almutawa also highlighted KFH’s continuous role in helping corporate clients expand their operations by offering customized banking solutions. This support, he explained, is a core objective of the bank and reflects KFH’s social and economic mission to contribute to the national economy.
Commenting on the partnership, Chief Executive Officer and Co-founder of Taly, Bader AlBader said: “We’re pleased to enter this strategic partnership with KFH, which demonstrates the mutual trust in our shared vision for advancing Kuwait’s e-payment sector.”
He added: “This collaboration marks an important step toward strengthening innovation in Sharia-compliant digital payment solutions and reinforces Taly’s position as a leading Fintech player in the local ecosystem.”
AlBader explained that Taly provides its BNPL service fully digitally, allowing customers to shop in stores or online and split payments into four equal installments, free of interest or fees. In addition to full Sharia compliance, he noted that Taly distinguishes itself by offering a flexible and responsible payment experience that builds trust among consumers and partners alike.
Meanwhile, KFH Capital Senior Vice President - Private Equity Dept., Abdulmoshen Hamad Al hamad, stated that the company has made a strategic investment in Taly through one of its subsidiaries. The move aligns with KFH Capital’s broader strategy to support Sharia-compliant Fintech innovation and strengthen its participation in this fast-growing sector. He added that the investment reflects the shared vision of KFH and KFH Capital to develop the financial innovation ecosystem in Kuwait and across the GCC through partnerships that create long-term value for merchants, consumers, and investors.
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