Indian fintechs have all but given up on winning the Gulf’s fintech customers. The region’s consumer market — buy now, pay later, digital wallets, everyday payments — already belongs to Tabby, Tamara, and a cluster of well-capitalized local players. The window of competition now is narrowing down to the infrastructure that makes them possible.
The Saudi Central Bank (Sama) authorized Bengaluru-based TotalPay in July to operate as an e-commerce payment technical service provider, making it the first Indian fintech with…
