Jeel Pay

Riyadh, Saudi Arabia · Founded 2022 · $6.7M raised

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

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 has raised $6.7M in total across 1 round, most recently a $6.7M Venture Round round in Jan 2025.

Tech & App Stack

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Funding History

Venture RoundPre-Series A FundingJan 2025
$6.7M

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