Talmal

Based in Saudi Arabia, Talmal, operates as a financial technology company offering an interest-free, salary-backed buy-now-pay-later service for employees shopping at participating stores. Based in Riyadh, Saudi Arabia and founded in 2022, Talmal operates as a financial technology company. The company provides a buy-now-pay-later service that allows employees to purchase goods from partnered merchants and defer payment until their salary is disbursed. In September 2026, Talmal raised an undisclosed amount of pre-seed funding from new investor MM Partners.

Talmal offers payroll management and purchasing solutions that enhance employee purchasing power and streamline the employee-supplier relationship. The primary service allows employees to buy goods from partnered merchants and defer payment until their salary is received, tailored to each employee's salary and spending limits. Talmal serves employees, businesses, and merchants, engaging with thousands of retailers and service providers in the MENA region. Talmal's revenue model is based on service fees from transactions between employees and merchant partners.

The company utilizes a business-to-consumer approach, allowing employees to access purchasing power before payroll disbursement. Revenue is generated through transaction fees charged to merchants and potentially through partnerships or subscription models with companies enhancing employee benefits. The company plans to use the funding from the September 2026 deal to increase market coverage across Saudi Arabia and expand its customer and merchant network.