Jeel Pay

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.