Funding
Funding not disclosed
Founders
Product
Problem
Many consumers in Kuwait lack access to flexible payment options, limiting their purchasing power and forcing them to delay or forgo desired purchases due to immediate financial constraints. Traditional financing methods often involve lengthy application processes and may not be accessible to all consumers.
Solution
Taly provides a Sharia-compliant buy now, pay later (BNPL) service that enables customers to split their purchases into multiple interest-free installments or pay in full within 30 days. By integrating directly with online and in-store merchants, Taly offers a seamless payment experience that increases affordability and drives sales. The platform utilizes a mobile application for shoppers to manage their payments, track spending, and discover participating stores. Taly's BNPL solution allows consumers to acquire goods and services immediately while managing their cash flow more effectively.
Target Audience
Taly targets consumers in Kuwait seeking flexible, Sharia-compliant payment options for online and in-store purchases, as well as merchants looking to increase sales and attract new customers by offering BNPL services.
Features
- Integration with e-commerce platforms and physical stores via a merchant portal
- Mobile application for shoppers to manage payments and discover partner stores
- Option to split purchases into multiple interest-free installments
- Sharia-compliant financing structure
- Customer authentication and verification process
- Payment reminders and notifications
- QR code scanning for in-store payments