PayLater lets consumers split purchases into four installments over three months without interest.
Founded in 2023 and based in Doha, Qatar, PayLater offers installment payments for consumers, targeting young adults and millennials. The service divides purchases into four payments over three months without interest or hidden fees and is available in MENA markets. In January 2026, the company raised USD 10.00 mn in seed funding led by Lulu Financial Holdings, with Qatar Development Bank and KBN Group Holding participating, to improve its payment system and expand merchant partnerships.
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