Jeel Pay raised $6.7 million in a Pre-Series A funding round led by JOA Capital to enhance its educational financing solutions.
Amount Raised
$6.7 Million
Round Type
Pre-Series A
RiyadhFinancial ServicesFintechInvestors
Description
Jeel Pay, a fintech startup, has successfully secured $6.7 million in a Pre-Series A funding round. The funding will help the company improve its payment solutions for educational institutions through its 'Learn Now, Pay Later' model.
Quick answer
Jeel Pay raised $6.7 Million in a Pre-Series A round, dated January 6, 2025. Investors: Aljazira Capital and Joa Capital. Jeel Pay is based in Riyadh, Riyadh Region, Saudi Arabia.
- How much did Jeel Pay raise?
- Jeel Pay raised $6.7 Million in a Pre-Series A round on January 6, 2025.
- Who invested in Jeel Pay?
- Aljazira Capital and Joa Capital are named as investors in this round.
- What does Jeel Pay do?
- JeelPay is a FinTech company that developed a solution to facilitate the payment and collection process in the educational institutions, where parents can pay the tuition fees in monthly basis as a “Study Now Pay Later”..
- Where is Jeel Pay based and how big is it?
- Jeel Pay is based in Riyadh, Riyadh Region, Saudi Arabia. Fundz records about 51 employees.
- Who are the decision-makers at Jeel Pay?
- Fundz holds 1 contact at Jeel Pay. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Fintech around the same time
Companies in the same sectors as Jeel Pay that raised within 45 days of this round, from Fundz verified event records.
- Mansa Finance raised $10M (Pre-Seed) on February 20, 2025.
- Unit Network raised $18M (Funding Round) on February 20, 2025.
- 73 Strings raised $55M (Series B) on February 19, 2025.
- Capi Money raised $18M (Series A) on February 18, 2025.
- Blum raised $5M (Seed) on February 17, 2025.
- KUN raised $2M (Seed) on February 15, 2025.
Who to call at Jeel Pay, and when
A new round usually means Jeel Pay is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Jeel Pay raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Jeel Pay, from your own LinkedIn network
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