Kuwait

Kuwait is a sovereign nation-state in the Arabian Gulf, not a company. The evidence gathered reflects the broader Kuwaiti financial ecosystem — including the dominant KNET local card scheme, Islamic finance infrastructure, emerging BNPL players (Deema, Taly), and regulatory frameworks published by CITRA. The country's financial sector is characterised by a high share of debit cards (80% KNET-branded), cash-historically-dominant payments culture, and a growing fintech layer including digital insurance and BNPL.