THE MIDDLE EAST’S
TOP 25 FINTECH
COMPANIES 2022
16. Postpay
Date of Establishment: 2019
Headquarters: U.A.E.
Description: Buy now, pay later platform
Founders: Tariq Nadeem Sheikh, Dani Molina Carmona
Postpay allows shoppers to split payments across three monthly installments with no interest or fees. It works with more than 1,000 brands, such as H&M, Footlocker, and Dermalogica, as well as other regional merchants. It handled over $500 million in transactions in 2021. As of July 2022, its app had 400,000 downloads and more than a million active users. Postpay currently operates in the GCC countries, including the U.A.E. and Saudi Arabia