Short description
Carepay is a Care fintech solution that aims to provide equal, accessible and affordable healthcare services to all individuals
Description
The CarePay is creating a new way to pay for care that is more affordable and accessible. With CarePay, you can get the care you need when you need it without having to worry about the cost.
Our Care Now Pay Later model combines membership benefits and health insurance. We offer different payment options including monthly instalments and no-interest financing.
The Care Now Pay Later model is a relatively new concept in the Asian market, so there are not many direct competitors yet. However, there are a number of companies that offer similar services, such as:
Atome: Atome is a Singapore-based BNPL company that offers instalment plans for online and offline purchases. It is currently available in 7 countries in Southeast Asia, including Singapore, Malaysia, Thailand, Indonesia, Vietnam, the Philippines, and Hong Kong.
Hoolah: Hoolah is an Australian BNPL company that offers instalment plans for online and offline purchases. It is currently available in Australia, Singapore, and New Zealand.
Splitit: Splitit is an Israeli BNPL company that offers instalment plans for online and offline purchases. It is currently available in 40 countries, including the United States, Canada, the United Kingdom, and Australia.
Sezzle: Sezzle is an American BNPL company that offers instalment plans for online purchases. It is currently available in the United States, Canada, Australia, and the United Kingdom.
Klarna: Klarna is a Swedish BNPL company that offers instalment plans for online and offline purchases. It is currently available in 17 countries, including the United States, Canada, the United Kingdom, and Australia.
These companies all offer similar services to Care Now Pay Later, but they may have different features and fees. It is important to compare the different options available before choosing a BNPL provider.
The Care Now Pay Later model is still a relatively new concept in the Asian market, so it is likely that more competitors will emerge in the future. This is because the BNPL market is growing rapidly in Asia, and there is a demand for more flexible payment options.
We can capture a significant share of the $600M billion dollar care market in Asia.
It is expected to grow at a CAGR of 5.5% from 2023 to 2030, reaching $914 billion by 2030.
If you're looking for a more affordable and accessible way to pay for care, then CarePay is your solution. Visit our website https://carepay.mn/ or contact us to learn more.
Last funding
Cannot Access
Sign in for full access
Total funding
$$3123123
Sign in for full access
Location
Ulaanbaatar, Ulaanbaatar, Mongolia, Asia
Founded on
October 1, 2022
Non-profit?
No
Acquired?
No
Employees count
11-50
Founders
Adiyatumur Terbish, Adiyatumur Terbish