Postpay - About the company
Postpay is a deadpooled company based in Dubai (United Arab Emirates), founded in 2019 by Tariq Sheikh and Daniel Molina. It operates as a Developer of an online platform for point-of-sale financing. Postpay has raised $35M in funding from AP Ventures and Afterpay. The company has 4 active competitors, including 3 funded and 1 that has exited. Its top competitors include companies like Tabby, Tamara and Cashew Payments Technology.
Company Details
Developer of an online platform for point-of-sale financing. It offers a solution that enables customers to purchase products and pay in monthly installments within the partnered network. Its users can choose customized repayment options. It also provides solutions for businesses to facilitate purchase financing for the end customers. Its application is available on Android and iOS platforms.
- Website
- postpay.io
- Email ID
- *****@postpay.io
- Phone Number
- +971 **********
Key Metrics
Founded Year
2019
Location
Dubai, United Arab Emirates
Stage
Deadpooled
Total Funding
$35M in 2 rounds
Latest Funding Round
Investors
Ranked
4th among 4 active competitors
Employee Count
61 as on Jul 01, 2024
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Postpay's funding and investors
Postpay has raised a total funding of $35M over 2 rounds. Its first funding round was on Jun 28, 2021. Its latest funding round was a Venture Debt round on Feb 07, 2022 for $*****. 1 investor participated in its latest round. Postpay has 5 institutional investors.
Here is the list of recent funding rounds of Postpay:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 07, 2022 | 2977074 | Venture Debt | 3582384 | 1265028 | 4266258 | 9332863 |
Jun 28, 2021 | 2286296 | Series A | 3344937 | 6995926 | 4489933 |
View details of Postpay's funding rounds and investors
Postpay's founders and board of directors
Founder? Claim ProfileHere are the details of Postpay's key team members:
- Tariq Sheikh: Co-Founder & CEO of Postpay. Contact Info: 1 email address
- Daniel Molina: Former Co-Founder of Postpay. Contact Info: 1 email address
View details of Postpay's Founder profiles and Board Members
Postpay's employee count trend
Postpay has 61 employees as of Jul 24. Here is Postpay's employee count trend over the years:
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Postpay's Competitors and alternates
Top competitors of Postpay include Tabby, Tamara and Cashew Payments Technology. Here is the list of Top 10 competitors of Postpay, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Tabby 2019, Dubai (United Arab Emirates), Series E | Provider of purchase financing solutions for businesses | $604M | 83/100 | |
2nd | Tamara 2020, Riyadh (Saudi Arabia), Series C | Provider of buy-now-pay-later payment solutions | $556M | 71/100 | |
3rd | Cashew Payments Technology 2019, Dubai (United Arab Emirates), Series A | Point-of-sale financing platform | $10M | 49/100 | |
4th | Postpay 2019, Dubai (United Arab Emirates), Deadpooled | Developer of an online platform for point-of-sale financing | $35M | 46/100 | |
5th | Spotii 2019, Dubai (United Arab Emirates), Acquired | Provider of purchase financing solutions for customers | - | 44/100 |
Looking for more details on Postpay's competitors? Click here to see the top ones
Postpay's Investments and acquisitions
Postpay has made no investments or acquisitions yet.
Reports related to Postpay
Here is the latest report on Postpay's sector:
News related to Postpay
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Postpay launches GCC’s first express checkout bringing a best-in-class solution to e-tailers and customersArabian Business•Jul 28, 2022•Postpay
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Postpay secures investment from AP Ventures and AfterpayTrade Arabia•Jun 29, 2021•Postpay, AP Ventures, Afterpay
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Dubai’s buy-now-pay-later platform Postpay raises $10mThe National•Jun 28, 2021•Postpay, AP Ventures, Afterpay
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