Quiq Claim
Medical insurance claim financing marketplace for MENA healthcare providers
Overview
Quiq Claim is a claim financing marketplace for healthcare providers operating in the MENA region, connecting clinics, pharmacies, and other healthcare SMEs with investors who provide short-term working capital against outstanding medical insurance claims. The platform addresses a structural cash flow problem in healthcare: insurers typically reimburse claims on extended payment terms, leaving providers in a liquidity gap that constrains operations.
The platform operates as a three-sided marketplace. Healthcare providers post claims on day zero and receive financing at a discount rather than waiting for insurer payment cycles. Investors access short-term, asset-backed opportunities by funding those claims and earning a return on settlement. Insurance companies gain transaction oversight and reduced administrative burden through the platform's settlement infrastructure.
Founded in 2019 by Zaid Y. AlJazi, Quiq Claim received pre-seed funding of USD 115,000 from Flat6Labs in August 2022. The company operates as a first-mover in the MENA health claim financing segment and has been recognized at industry conferences including the Governance and Healthcare Finance Conference organized by the Jordan Association for Medical Insurance.
Products & Services
Medical Claim Financing Marketplace
A digital platform where healthcare providers submit outstanding medical insurance claims and receive immediate financing at a negotiated discount. Providers access working capital on day zero rather than waiting for insurer reimbursement cycles.
Key Features
- Day-zero claim posting and early payment
- Discounted financing against insurance receivables
- Transparent settlement timelines for all parties
Target Users: Clinics, pharmacies, and healthcare SMEs invoicing insurance companies
Investment Platform
An investment arm of the marketplace where investors participate in the short-term financing of medical claims, earning a return when insurers settle the underlying claims.
Key Features
- Short-term, asset-backed investment opportunities
- Synchronized settlement framework
- Transparent ROI tracking per financed claim
Target Users: Individual and institutional investors seeking short-duration returns
Insurer Transaction Management
A transaction oversight module for insurance companies providing visibility into claims submitted through the platform, supporting payment operations and reducing administrative overhead.
Key Features
- Centralized claim transaction visibility
- Reduced administrative costs through platform consolidation
- Streamlined reimbursement coordination with providers
Target Users: Health insurance companies operating in the MENA region
At a Glance
- Founded
- 2019
- Headquarters
- Amman, Jordan
- Employees
- 1-10
- Funding
- Seed
Category & Focus
- Category
- Claims Technology
- Subcategories
- Claim financing settlement marketplace working capital
- Insurance Verticals
- Health
- Target Customers
- Carriers, Providers (clinics, pharmacies)
Customers
- Healthcare providers (clinics, pharmacies, medical facilities) in MENA
- Insurance companies operating in the MENA region
- Short-term investors and investment entities
Links
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Last updated: 2026-07-02