Jeel Pay
Jeel Pay was founded in 2022, is headquartered in Riyadh, Saudi Arabia, lists 51–200 employees, and has $6.7M in recorded funding across 1 round.
- Headquarters
- Riyadh
- Employees
- 51–200
- Founded
- 2022
- Business Model
- B2B2C
- Website
- jeel.co
- Total Funding
- $6.7M
- Last Round
- $6.7M Venture RoundJan 2025
- Rounds
- 1
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 1 funding round for this company. The full record is or through the API.
About
Jeel Pay is a Saudi Arabian fintech company specializing in educational finance solutions, enabling parents and students to pay school tuition fees in monthly installments through a buy-now-pay-later (BNPL) model with no interest or late fees. The platform serves both families seeking accessible education financing and educational institutions seeking to improve payment collection, increase enrollment, and track payment status. Founded in 2022 and headquartered in Riyadh, Jeel Pay raised $6.7M in Pre-Series A funding in January 2025 to expand its 'Study Now, Pay Later' offering across Saudi Arabia and the broader MENA region.
Summary
Jeel Pay is a Fintech company based in Riyadh, Saudi Arabia, founded in 2022. It lists 51–200 employees. It has raised $6.7M in total across 1 round, most recently a $6.7M Venture Round in Jan 2025.
Tech & App Stack
5 technologies & apps tracked
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Funding History
Jan 2025
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