Damascus-based delivery platform Movo Delivery has signed a partnership agreement with Sulfa to introduce installment payment services for users in Syria.
According to Movo, the partnership will soon allow customers to access installment payments within the Movo experience. The companies also plan to develop additional features and services aimed at making everyday purchases more flexible.
Sulfa describes itself as an embedded finance platform connecting banks, merchants and consumers. Its offering includes Sharia-compliant Buy Now, Pay Later financing based on Murabaha.
Founded in 2020, Movo provides food, grocery, flower and cosmetics delivery services, with operations listed in Damascus and Homs.
Source: LinkedIn
