Al Jazeera Finance has partnered with Spendwisor, a leading Buy Now, Pay Later (BNPL) fintech company based in Doha, to enhance the nation’s digital economy.
Under this strategic partnership, Al Jazeera Finance seeks to promote financial inclusion and digital economy by empowering Spendwisor to offer flexible payment options and expand its innovative services. With the approval to join and test in the local sandbox environment, Spendwisor has become one of the first fintech companies in Qatar to offer BNPL solutions under QCB Sandbox environment.
Amer Al Jaberi CEO – Al Jazeera Finance
“We are excited to partner with Spendwisor, a pioneering fintech startup that is redefining how consumers manage their purchases and finances in Qatar. 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.”
Mohammed Shafie, Director of Strategic Alliances at Al Jazeera Finance, commented that, “The combination of rapid financial digitization with traditional banking and finance expertise leads to the development of innovative products that cater to the needs of consumers, merchants, and finance in the commercial sector.”
Spendwisor’s BNPL platform streamlines the process of purchasing by providing flexible payment options to customers. This strategic partnership will help Spendwisor drive growth, increasing its reach to a wider audience by expanding its services.
“We are honored to receive this significant support from Al Jazeera Finance. This partnership not only validates our business model but also underscores the potential of fintech innovation in Qatar. We look forward to working closely with Al Jazeera Finance to achieve our shared vision of transforming the financial landscape,” added Safarudheen Farook, Co-founder and CEO at Spendwisor.
