December 4, 2024
Headlines

Investment

VEON and Jazz Focus on Financial Services, Data Centers, Software, and Cloud for Pakistan’s Digital Transformation in Meeting with PM – Fintech News Pakistan

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ISLAMABAD, November 08, 2024 – Senior leaders from VEON Group, joined by executives from Jazz, recently met with Prime Minister Shehbaz Sharif to discuss strategic investment initiatives aimed at accelerating Pakistan’s digital transformation. The meeting covered key areas including banking, financial services, data centers, software, and cloud infrastructure, all positioned as drivers for the country’s…

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Sarmayacar Launches $40 Million Climaventures Fund to Tackle Pakistan’s Climate Crisis – Fintech News Pakistan

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Lahore, Pakistan – Sarmayacar, a Lahore-based venture capital firm, has today announced the launch of its Sarmayacar Climaventures Fund, a groundbreaking initiative aimed at addressing Pakistan’s climate emergency. The fund, which has secured $15 million in anchor funding from the Green Climate Fund, will invest in local ventures offering scalable and impactful solutions to the…

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Farmdar Secures Pre-Series A Funding Led by Silicon Valley’s Moment Ventures – Fintech News Pakistan

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Palo Alto, California – October 4, 2024Farmdar, an agritech startup leveraging AI and space technologies to optimize agricultural productivity, has successfully raised a pre-Series A funding round led by Silicon Valley-based venture capital firm, Moment Ventures. The round also saw participation from existing investor Indus Valley Capital. This marks the first Silicon Valley-led investment in…

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Qist Bazaar Secure US$3.2 Million Series A from Indus Valley Capital and Gobi Partners to Revolutionize BNPL in Pakistan – Fintech News Pakistan

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Karachi, Pakistan – September 24, 2024 – Qist Bazaar, Pakistan’s leading Buy Now Pay Later (BNPL) fintech platform, has successfully raised $3.2 million in its Series A funding round, led by Indus Valley Capital. The round also saw participation from Gobi Partners, a prominent Asia-focused venture capital firm managing assets worth $1.6 billion. Bank Alfalah, one…

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ZLK Islamic Financial Services and Dubai Islamic Bank Pakistan Partner to Expand Shariah-Compliant Investment Opportunities – Fintech News Pakistan

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Karachi, — In a landmark collaboration, ZLK Islamic Financial Services, Pakistan’s premier Shariah-compliant brokerage firm, has partnered with Dubai Islamic Bank Pakistan Limited (DIBPL), a subsidiary of the world’s first Islamic bank, Dubai Islamic Bank UAE. The partnership was formalized through a Memorandum of Understanding (MOU) signed by Mr. Junaid Ahmed, CEO of DIBPL, and…

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