7 months ago

QPay Secures Seed Funding from Cyfr Capital to Expand BNPL Services in Oman

  • Omani fintech startup QPay, a BNPL provider, has successfully secured seed funding led by Cyfr Capital

  • This investment aligns with Future Fund Oman's (FFO) strategy to foster fintech growth in the country

  • QPay's BNPL model will provide consumers with convenient, interest-free monthly installments for purchases, promoting financial inclusion

  • With the backing of Cyfr Capital and FFO, QPay aims to revolutionize the country's financial ecosystem.

      • ProblemFinancial Services

      "Many people in Oman lack access to affordable and flexible credit options, limiting their ability to purchase essential goods and services."

      Solution

      "QPay provides a user-friendly mobile app that enables consumers to make purchases through interest-free monthly installments, expanding financial inclusion and empowering individuals with greater financial flexibility."

      Covered on