QisstPay is an installment payment service for emerging markets that enables customers to pay for purchases in installments with 0% interest and no late fees. The company is led by co-founder and CEO Jordan Olivas and Saad Ahmed and is based in Islamabad, Pakistan. QisstPay serves over 500 retailers in Pakistan, including Samsung, Camelbak, Diesel, Philips, Xiaomi, Lenovo and regional leaders such as Sapphire, Uniworth, Logo Shoes and elo. The company raised capital to scale its merchant network and operations and plans to expand services to Sri Lanka and Bangladesh. QisstPay also intends to grow its Islamabad-based team to over 100 people. The product positioning and merchant roster indicate a focus on both international brands and strong regional e-commerce partners.

Total raised

$15M

Funding rounds

2

Latest round

Seed

Latest activity

Sep 2021