Abhi Secures $15 Million
Location: UAE
Funding: $15 million in credit financing
Led by: Shorooq Partners and Amplify Growth Partnership
Founded: 2021 in Pakistan
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FinVolution, a Chinese fintech company, has launched Daira, a new lending platform in Pakistan.
Daira offers low-interest, flexible loans with funds transferred to...
New Core Banking System: Advans Pakistan Microfinance Bank has implemented the AutoBanker core banking system from AutoSoft Dynamics, covering branch banking, credit, compliance,...
Key Points:
Funding Sources:
International Finance Corporation (IFC): $40 million
Other Investors: Development Partners International (DPI), Lorax Capital Partners, funds managed by Apis Partners...
ICYMI Funding Round-Up: Latest Fintech Funding News
Dopay
Amount Raised: $13.5 million Series A extension.
Lead Investor: Argentem Creek Partners.
Purpose: Expansion in Egypt,...
Turkish challenger bank Papara is reportedly set to acquire SadaPay, a digital wallet provider based in Pakistan, in an all-stock transaction.
The deal,...
Raqami Islamic Digital Bank in Pakistan has selected Codebase Technologies to power the launch of its Shariah-compliant digital banking services.
The bank will...
