Logo of Quara Finance Co.
Quara Finance Co. launched its partnership with noon on Nov. 11, offering financing services to users of the e-commerce platform in Saudi Arabia.
The launch follows a pilot phase that began on Oct. 14. In a Tadawul statement, Quara said the agreement designates it as an approved financing option for noon users, in compliance with Saudi Central Bank regulations and Shariah provisions.
The company noted that the financial impact will depend on orders placed by customers following the official launch.
The partnership enables Quara to provide innovative financing solutions through an integrated digital infrastructure, giving noon users access to tailored, flexible, and convenient financing options.
Quara confirmed that no related parties are involved in the agreement.
Be the first to comment
Comments Analysis: