The Record · No. 041
Tariq Sheikh
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Postpay · Fintech
He built Postpay on interest-free instalments funded through bank debt from Commercial Bank of Dubai rather than repeated equity rounds.
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Tariq
Sheikh
Sheikh
He built Postpay on interest-free instalments funded through bank debt from Commercial Bank of Dubai rather than repeated equity rounds.
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Dubai of TomorrowNo. 041
Postpay
Founded2019 · Dubai
Raised$10M equity, 2021
Model3 interest-free instalments
BackersAfterpay, AP Ventures, Commercial Bank of Dubai
Compounding moves
2019 · Founded in Dubai; launched three-instalment interest-free checkout financing
2021 · Took $10M equity investment from Afterpay and AP Ventures
2022 · Signed debt financing deal with Commercial Bank of Dubai to fund GCC expansion
2021 · Took $10M equity investment from Afterpay and AP Ventures
2022 · Signed debt financing deal with Commercial Bank of Dubai to fund GCC expansion
Backed byAfterpay, AP Ventures, Commercial Bank of Dubai
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