Healthcare BNPL; medical credit up to 100M toman; no guarantor required. Tehran Index record: founded 2025, headquartered in Tehran, part of MAX Holding.
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Business model & group
Business model and provider networkRetrieved 24 August 2026Company disclosed
Finances medical, dental and cosmetic treatment as a revolving four or six instalment credit line secured by a single Sayyadi cheque and no guarantor. The company pays the clinic in full and collects instalments from the patient, and states it charges users no fee except on certain longer-term instalment plans. It states more than 500 doctors and clinics across Iran accept the credit. The site names the operating company as PayPad Fanavaran Mana.
DoctorPay website ↗ · retrieved 2026-08-24The site also advertises a separate twelve-month bank loan distributed with Blu Bank alongside its own instalment credit; the two are different products and only the company's own credit line is described here. Credit ceilings are quoted on the site in toman only and are not carried, because no rate and period could be stated for a conversion.
Tracked entities in the same corporate family. Ownership percentages appear in Ownership & capital only when disclosed.
Ownership & capital
Brand to operator, stated by the company itselfCompany disclosed
The company's own page names پیپاد فناوران مانا as the operator behind the brand. The passage is quoted verbatim in the source passage.
doctorpay.ir (company website) ↗ · retrieved 2026-09-17Corroborated: two independent reads of this page returned the same sentence.
Source ledger, every field, its evidence
Business model and provider networkCompany disclosedRetrieved 24 August 2026
Finances medical, dental and cosmetic treatment as a revolving four or six instalment credit line secured by a single Sayyadi cheque and no guarantor. The company pays the clinic in full and collects instalments from the patient, and states it charges users no fee except on certain longer-term instalment plans. It states more than 500 doctors and clinics across Iran accept the credit. The site names the operating company as PayPad Fanavaran Mana.
Registered capital is the share capital recorded in the official gazette. At this level it is the minimum required to incorporate, carried forward unrevised, and reflects no capital raised. It says nothing about the size, revenue or worth of the business.
Fields on this profile derive from linked public sources or the official company registry; unknown values stay blank rather than guessed, and estimates are always labelled. How we verify →
Registry check on DoctorPay: legal entity, capital, board and managing director from the Official Gazette. USD 750, three working days. Full dossier with audited figures, competitors and risks: USD 3,000, five working days.