{"id":12979,"date":"2025-09-22T09:15:26","date_gmt":"2025-09-22T09:15:26","guid":{"rendered":"https:\/\/fintechnews.ae\/?p=27850"},"modified":"2025-09-22T09:15:26","modified_gmt":"2025-09-22T09:15:26","slug":"saudi-national-bank-to-launch-pos-lending-solution-for-smes","status":"publish","type":"post","link":"https:\/\/mena-fintech.org\/demo\/saudi-national-bank-to-launch-pos-lending-solution-for-smes\/","title":{"rendered":"Saudi National Bank to Launch POS Lending Solution for SMEs"},"content":{"rendered":"<p>Saudi National Bank (SNB) has announced plans to launch a Point-of-Sale (POS) lending solution for SMEs.<\/p>\n<p>The solution will be powered by <a href=\"https:\/\/fintechnews.ae\/tag\/tarabut\"  rel=\"noopener\">Tarabut<\/a>, a regulated financial technology platform in the MENA region, and delivered through <a href=\"https:\/\/fintechnews.ae\/tag\/geidea\/\"  rel=\"noopener\">Geidea<\/a>, a payment solutions provider in Saudi Arabia.<\/p>\n<p>The initiative is subject to all required approvals from the <a href=\"https:\/\/fintechnews.ae\/tag\/saudi-central-bank-sama\"  rel=\"noopener\">Saudi Central Bank (SAMA)<\/a>.<\/p>\n<p>The collaboration between SNB, Tarabut, and Geidea aligns with Vision 2030 and the Financial Sector Development Program by providing SMEs with faster and more accessible working capital.<\/p>\n<p>Saud Abdulaziz Bajbair, Retail Business Group Head at SNB, said:<\/p>\n<figure id=\"attachment_27851\" aria-describedby=\"caption-attachment-27851\" style=\"width: 150px\" class=\"wp-caption alignleft\"><img decoding=\"async\" class=\"wp-image-27851 size-thumbnail\" src=\"https:\/\/fintechnews.ae\/wp-content\/uploads\/2025\/09\/Saud-Abdulaziz-Bajbai-150x150.jpeg\" alt=\"Saud Abdulaziz Bajbai\" width=\"150\" height=\"150\" srcset=\"https:\/\/fintechnews.ae\/wp-content\/uploads\/2025\/09\/Saud-Abdulaziz-Bajbai-150x150.jpeg 150w, https:\/\/fintechnews.ae\/wp-content\/uploads\/2025\/09\/Saud-Abdulaziz-Bajbai-300x300.jpeg 300w, https:\/\/fintechnews.ae\/wp-content\/uploads\/2025\/09\/Saud-Abdulaziz-Bajbai-768x768.jpeg 768w, https:\/\/fintechnews.ae\/wp-content\/uploads\/2025\/09\/Saud-Abdulaziz-Bajbai-450x450.jpeg 450w, https:\/\/fintechnews.ae\/wp-content\/uploads\/2025\/09\/Saud-Abdulaziz-Bajbai.jpeg 800w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><figcaption id=\"caption-attachment-27851\" class=\"wp-caption-text\">Saud Abdulaziz Bajbai<\/figcaption><\/figure>\n<blockquote>\n<p>\u201cAs the Kingdom\u2019s national bank, SNB is committed to providing innovative solutions that empower SMEs. By integrating lending directly into the platforms that SMEs already use every day, we are making access to finance faster, simpler, and more inclusive.&#8221;<\/p>\n<\/blockquote>\n<p>Tarabut provides the intelligence layer for open banking in the Kingdom, enabling banks to move beyond traditional lending and deliver instant, tailored credit experiences within platforms that SMEs already rely on.<\/p>\n<p>Abdulla Almoayed, Founder and CEO of Tarabut, said:<\/p>\n<figure id=\"attachment_10796\" aria-describedby=\"caption-attachment-10796\" style=\"width: 150px\" class=\"wp-caption alignright\"><img decoding=\"async\" class=\"wp-image-10796 size-thumbnail\" src=\"https:\/\/fintechnews.ae\/wp-content\/uploads\/2021\/11\/Abdulla-Almoayed-Tarabut-Gateway-150x150.jpg\" alt=\"Abdulla\u00a0Almoayed - Tarabut\u00a0Gateway\" width=\"150\" height=\"150\" srcset=\"https:\/\/fintechnews.ae\/wp-content\/uploads\/2021\/11\/Abdulla-Almoayed-Tarabut-Gateway-150x150.jpg 150w, https:\/\/fintechnews.ae\/wp-content\/uploads\/2021\/11\/Abdulla-Almoayed-Tarabut-Gateway-300x300.jpg 300w, https:\/\/fintechnews.ae\/wp-content\/uploads\/2021\/11\/Abdulla-Almoayed-Tarabut-Gateway.jpg 748w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><figcaption id=\"caption-attachment-10796\" class=\"wp-caption-text\">Abdulla\u00a0Almoayed<\/figcaption><\/figure>\n<blockquote>\n<p>\u201cWe are proud to be SNB\u2019s technology partner in this landmark initiative. By bringing financing closer to the point of need, Tarabut enables digital lending for SMEs. Together with SNB and Geidea, we are delivering innovation at national scale, transforming SME finance in the Kingdom and directly advancing Vision 2030\u2019s goals of financial inclusion and economic growth.\u201d<\/p>\n<\/blockquote>\n<p>Geidea\u2019s regional merchant network covers nearly one million PoS terminals, allowing the initiative to integrate financing directly into merchants\u2019 payment systems across POS and eCommerce channels.<\/p>\n<p>The first phase of the rollout will provide SMEs with direct access to SNB financing enabled by Tarabut\u2019s technology without leaving their POS environment.<\/p>\n<p>By reducing delays and simplifying access, the initiative aims to address the Kingdom\u2019s SME credit gap and support entrepreneurship.<\/p>\n<p>&nbsp;<\/p>\n<p><em>Featured image credit: <a href=\"https:\/\/www.alahli.com\/en\/pages\/personal-banking\"  rel=\"noopener\">SNB<\/a><\/em><\/p>\n<p>The post <a href=\"https:\/\/fintechnews.ae\/27850\/fintech-saudi-arabia\/saudi-national-bank-pos-lending-sme\/\">Saudi National Bank to Launch POS Lending Solution for SMEs<\/a> appeared first on <a href=\"https:\/\/fintechnews.ae\/\">Fintechnews Middle East<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Saudi National Bank (SNB) has announced plans to launch a Point-of-Sale (POS) lending solution for SMEs. The solution will be powered by Tarabut, a regulated financial technology platform in the MENA region, and delivered through Geidea, a payment solutions provider in Saudi Arabia. The initiative is subject to all required approvals from the Saudi Central [&#8230;]<\/p>\n<p>The post <a href=\"https:\/\/fintechnews.ae\/27850\/fintech-saudi-arabia\/saudi-national-bank-pos-lending-sme\/\">Saudi National Bank to Launch POS Lending Solution for SMEs<\/a> appeared first on <a href=\"https:\/\/fintechnews.ae\/\">Fintechnews Middle East<\/a>.<\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[399,200,211,400,173,344],"tags":[],"class_list":["post-12979","post","type-post","status-publish","format-standard","hentry","category-geidea","category-saudi-arabia","category-saudi-central-bank-sama","category-saudi-national-bank-snb","category-saudia-arabia","category-tarabut"],"_links":{"self":[{"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/posts\/12979","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/comments?post=12979"}],"version-history":[{"count":2,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/posts\/12979\/revisions"}],"predecessor-version":[{"id":13001,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/posts\/12979\/revisions\/13001"}],"wp:attachment":[{"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/media?parent=12979"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/categories?post=12979"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mena-fintech.org\/demo\/wp-json\/wp\/v2\/tags?post=12979"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}