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Jaib

Founded 2015 United Arab Emirates United Arab Emirates 3 employees Non Equity Assistance AI, Financial Services +2

General Information

Company Name Jaib
Founded Year 2015
Location United Arab Emirates United Arab Emirates +1
Employees 3
Industries AI, Financial Services, Fintech +1
Funding Stage Non Equity Assistance
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About Jaib

Jaib is a fintech startup founded in 2018, headquartered in the United Arab Emirates. The company offers a unique payment method that provides instant credit to online shoppers in emerging markets without the necessity of a bank account. Using machine learning, Jaib builds alternative credit scores for customers in markets where credit bureau data is lacking. Customers are able to "Buy Now, Pay Later," with the option to settle their orders up to 14 days later using various payment methods, including cash. This innovation not only benefits customers by offering flexibility but also protects merchants from non-trustworthy customers, particularly those dealing in cash, in emerging markets. Additionally, Jaib's network manages local payment preferences, providing ease for customers and peace of mind for merchants. The company received a non-equity assistance investment from DIFC FinTech Hive in November 2018. With its focus on financial services and fintech, Jaib is effectively addressing the needs of emerging markets and minimizing risks for merchants. For further information, contact Jaib at [email protected].

Taxonomy: Payment Methods, Online Shopping, Lending, Loans, Credit Scoring, Alternative Credit Scoring, Emerging Markets, Cross-Border Payments, Middle East, North Africa, MENA, Cashless Payments

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Non Equity Assistance •••••• 1 •••• •••• 01 Nov 2018

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FAQ About Jaib

Jaib is a payment method that provides instant credit to online shoppers in emerging markets without the necessity of a bank account. Your customers can "Buy Now, Pay Later"​! We use machine learning to build alternative credit scores on customers where credit bureau data is lacking and based on ou...
Jaib was founded in 2015.
Jaib is headquartered in United Arab Emirates.
Jaib operates in the following industries: AI, Financial Services, Fintech, Payments.
Jaib has approximately 3 employees.
Jaib has completed 1 funding round. The latest funding stage is Non Equity Assistance.
Top alternatives and competitors to Jaib include KindTap, Ceibo Créditos, PayLatr, Credit Key, Quadpay, a Zip company. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Jaib and KindTap are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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