LuLu AI, the investment branch of LuLu Financial Holdings, has made a strategic investment in PayLater Qatar. PayLater Qatar is one of the first companies in Qatar to offer Buy Now, Pay Later (BNPL) and other easy payment options.
This is LuLu AI’s first investment in Qatar’s financial sector.
The investment fits with LuLu AI’s bigger plan to create a network of modern financial service companies in growing markets.
PayLater is a fintech company in Qatar that offers Buy Now, Pay Later (BNPL) services. These services help people make everyday purchases easier and more affordable and give them more control.
“LuLu AI is more than just an investment portfolio. We are shaping a future where financial services are intelligent, inclusive, and deeply human-centric,” said Adeeb Ahamed, Managing Director of LuLu Financial Holdings.
“Every investment we make is a step toward empowering individuals and businesses with tools that simplify life and unlock opportunity and inclusivity. PayLater embodies this ethos, and we are pleased to be part of their mission to drive accessible and responsible financial solutions.”
“This partnership with LuLu AI marks a major business milestone for us at PayLater. It’s a shared belief in the future of responsible, flexible finance in Qatar,” said Mohammed Al-Delaimi, Co-Founder & Managing Director of PayLater.
“LuLu AI brings regional scale and experience, and together, at PayLater, we’re committed to building solutions that empower both consumers and merchants while reinforcing Qatar’s position as a fintech hub in the region.”
LuLu Alternative Investments was set up to find and support important businesses that are working to solve real problems in areas like financial access, money flow, rules and customer service.
Their main idea is to use money to help startups grow. They make sure startups have enough time to expand, get advice on rules and regulations, and have the chance to work with trusted partners around the world.
By backing companies like PayLater, LuLu AI is promoting a digital economy that focuses on innovation and includes everyone.
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