About Postpay
Postpay is a company based in Dubai (United Arab Emirates) founded in 2019 by Tariq Sheikh. Postpay has raised $10 million across 2 funding rounds from investors including Afterpay, Comm Bank of Dubai and AP Ventures. Postpay operates in a competitive market with competitors including Tabby, Tamara, Cashew Payments Technology, Spotii and Lazzypay, among others.
- Headquarter Dubai, United Arab Emirates
- Founders Tariq Sheikh
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website postpay.io
- Social LinkedIn Facebook
- Total Equity Funding$10M (USD)
in 2 rounds
- InvestorsAfterpay
& 2 more
Funding Insights of Postpay
Postpay has successfully raised a total of $10M across 2 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $10M
- Total Rounds 2
- First Round $10M
(Jun 2021)
- Investors Count 3
All 2 funding rounds of Postpay with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2022 | – | Debt – Venture | – | – | |
| Jun 2021 | $10M | Series A | – | AP Ventures, Afterpay | – |
3 investors in total: 3 institutional.
Investors in Postpay
Postpay has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Afterpay, Comm Bank of Dubai and AP Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
AP Ventures is focused on venture capital investments in decarbonisation. | 2013 | apventures.com | London, United Kingdom | |
Commercial banking services are provided in Dubai, UAE. | 1969 | cbd.ae | Dubai, United Arab Emirates | |
A buy now pay later service is offered by Afterpay. | 2014 | afterpay.com | Melbourne, Australia |
Investor details for Postpay
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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People of Postpay
7 people are tracked at Postpay (1 in leadership, 6 in team).
| Name | Role | Group |
|---|---|---|
Tariq Sheikh | Co-Founder & CEO | Leadership |
Umar Kholvadia | Senior Engineering Manager | Team |
Haroon Hussain (Brit in Dubai) 🇬🇧 🇦🇪 | Senior Scrum Master | Team |
Themba Malungani | Senior Python Engineer | Team |
Yanjie Lee | Frontend Developer | Team |
Heera Singh | QA Automation Lead | Team |
Mirza Musharaf Baig | Senior Software Engineer | Team |
Complete people profiles for Postpay
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Timeline of Postpay
3 dated milestones of Postpay across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Postpay is founded.
- Funding First funding round of $10.0M.
- Funding Latest funding round, Debt – Venture,.
Competitors of Postpay
Postpay operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Tabby, Tamara, Cashew Payments Technology, Spotii and Lazzypay, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| tabby.ai | 2019 | Dubai, United Arab Emirates | $604M | – | Purchase financing solutions are offered to businesses via installment payments. | |
| tamara.co | 2020 | Riyadh, Saudi Arabia | $556M | – | Buy-now-pay-later installment solutions are provided for retail shoppers. | |
| cashewpayments.com | 2019 | Dubai, United Arab Emirates | $10M | – | Payments are split into interest-free installments at point-of-sale. | |
| spotii.com | 2019 | Dubai, United Arab Emirates | – | – | Purchase financing solutions are offered to customers for installment payments. | |
| lazzypay.com | 2021 | Dubai, United Arab Emirates | – | – | Offers payment financing solutions for shoppers to enhance purchasing experiences. |
Detailed competitors of Postpay
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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Web traffic of Postpay
Websites that share an audience with Postpay (postpay.io).
Websites whose visitors overlap most with Postpay. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
crosslink.ae | crosslink.ae | 100% | – | #2,136,168 | – |
safexpay.ae | safexpay.ae | 98% | – | – | – |
| fortis.world | 91% | 7K | #2,491,106 | View details |
Latest news on Postpay
Complete news archive for Postpay
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Similar companies to Postpay
10 companies that operate in the same segment as Postpay (Islamic FinTech Solutions), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Purchase financing solutions are offered to businesses via installment payments. | 2019 | Dubai, Dubai, United Arab Emirates | USD 837 M | – | – | |
FWD Group is recognized as an innovative insurance provider. | 2013 | Hong Kong, China | USD 1.83 B | USD 4.35 B | – | |
Business loans are connected via an online P2P lending platform. | 2015 | Jakarta, Jakarta, Indonesia | USD 254.32 M | – | – | |
Micro-entrepreneurs and SMEs are linked to investors through P2P lending. | 2010 | Cilandak, Jakarta, Indonesia | USD 53 M | – | – | |
Shariah-compliant investments and savings are offered to individuals. | 2017 | New York, New York, United States | USD 95 M | – | – | |
Buy-now-pay-later installment solutions are provided for retail shoppers. | 2020 | Riyadh, Saudi Arabia | USD 556 M | – | – | |
Unpaid invoices are financed through an online P2P marketplace. | 2019 | Riyadh, Saudi Arabia | USD 35.17 M | – | – | |
Embedded finance solutions are provided for small businesses. | 2007 | London, England, United Kingdom | USD 42 M | – | – | |
Abhi is recognized as a fintech company in Pakistan. | 2021 | Karachi, Sindh, Pakistan | USD 19.13 M | – | – | |
Financial services are provided for MSMEs, investors, and businesses. | 2015 | Lahore, Punjab, Pakistan | USD 24.5 M | – | – |
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Frequently Asked Questions about Postpay
Postpay was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Postpay is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
Tariq Sheikh is the current CEO of Postpay. They have also founded this company.
Postpay is a funded company, having raised a total of $10M across 2 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on Jun 2021.
Postpay was founded in 2019 in Dubai, United Arab Emirates, as a developer of an online platform focused on point-of-sale financing within the fintech sector. Customers are allowed to buy products and repay in monthly installments through partnered networks, with options for customized repayment plans. Businesses are provided with tools to integrate financing solutions for their end users. The platforms application is accessible on Android and iOS devices.
Postpay's top competitors include Tabby, Tamara and Cashew Payments Technology.
Postpay has 3 investors. Key investors include Afterpay, Comm Bank of Dubai, and AP Ventures.