شركة PayLater تفتح جولة تمويل من الفئة A

PayLater, the Qatari buy now, pay later (BNPL) platform, has opened a Series A fundraising round as gross merchandise value (GMV) on its platform passed QAR 1.2 billion. Mohammed Al-Delaimi, PayLater's CEO and co-founder, announced the move in a LinkedIn post.

"We have officially started our Series A fundraising round for PayLater, just as we crossed QAR 1.2 billion in GMV," Al-Delaimi wrote. That wording means the round has opened, not closed. The company hasn't disclosed a target size, any investors or a valuation. The QAR 1.2 billion GMV figure comes from the company itself, and the post doesn't say what period it covers or how it was calculated.

In the same post, Al-Delaimi said he sees the two milestones as connected. The progress so far gives the company confidence in what it has built, he wrote, while the new round is about "accelerating what comes next": strengthening the platform, expanding its capabilities and creating more value for customers, merchants and partners. He also credited the team that brought the company to this point.

According to a 1 May 2025 report in The Peninsula, PayLater is Qatar's first fully licensed BNPL platform. It is licensed by Qatar Central Bank, and Qatar Islamic Bank (QIB) provides the lending behind its service.

A Series A is typically a startup's first major institutional round after its early funding stages. PayLater hasn't announced a timeline for closing the round, and it hasn't said whether the money will go toward deepening its position in Qatar or expanding abroad.

Startup News will follow up on any official announcement about the round's close, its size or its investors. A link to Al-Delaimi's original post is on startupnews.qa.