Riyadh – Sharikat Mubasher: JeelPay signed a strategic cooperation agreement with Saudi Arabia’s Social Development Bank to establish a SAR 50 million financing portfolio aimed at supporting students through flexible, tech-enabled payment solutions.

The initiative, under the slogan “Study Now, Pay Later,” seeks to ease students’ financial burdens by expanding installment options for educational expenses, as per JeelPay’s announcement on X.com.

The partnership will allow students enrolled in diploma, bachelor’s, and master’s programs to access digital financing options tailored to their needs.

The program also aims to promote financial inclusion, encourage innovation in the digital finance and education sectors, and strengthen collaboration between public and private entities in support of sustainable development goals.