Raya Financing Selects Temenos Core to Expand Its Financing Business
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On October 26, 2026, Saudi Arabia’s Raya Financing selected Temenos Core as its core banking platform to support its next phase of growth in Saudi Arabia. The platform will be deployed on a private cloud within Saudi Arabia, centrally handling products and transactions and supporting retail financing, leasing, and auto financing. The report also stated that Raya Financing’s product pipeline includes personal financing, SME financing, buy now, pay later (BNPL), and home financing.
AI-written from reports · updated 2 hours ago
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- Fintech News Middle EastSaudi Arabia’s Raya Financing adopts Temenos Core to expand its financing products
Saudi Arabia’s Raya Financing has selected Temenos Core as its core banking platform to support its next phase of growth in the country. Deployed on a private cloud in Saudi Arabia, the platform will centralize products and transactions and support retail financing, leasing and auto financing; the product pipeline also includes personal financing, SME financing, buy now, pay later (BNPL) and housing finance.
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