Riyadh - Sharikat Mubasher: Foodics, the Saudi leading restaurant and payment tech provider in MENA region, launched its new fintech offering in the B2B buy now pay later (BNPL) market in Saudi Arabia, as unveiled in a press release.

The new program, named Flex, will provide Foodics’ food and beverages clients and merchants in the Kingdom with instant access to tech with cash flow-friendly repayment. It will also allow repayment of tech subscription with no upfront payment, zero percent interest rate, and zero hidden fees.

Ahmad AlZaini, Co-founder and CEO of Foodics, said: “We see a huge opportunity to capture market share on payments and grow the number of F&B outlets we serve, given the acceleration in the adoption of tech & digital payments in the SME space.”

“At Foodics, we strive to be the partner that brings to the F&B industry the flexibility and ease of doing business. I am proud that we are bringing this to life with our new program “FLEX’. FLEX is key for those looking to adopt advanced tech solutions while maintaining their cash flow and growing,” AlZaini clarified.

Foodics, licensed by the Saudi Central Bank (SAMA), aims to build a complete restaurant management ecosystem that enables owners to run their operations seamlessly and grow their business.