The company, which likens its platform to Venmo, AliPay and Square, among other payments outfits, was the first to be granted an “eMoney institution license” from the State Bank of Pakistan. MSA Novo, Zayn Capital and Graph Ventures led the round, it adds.
Estimated reading time: 0 minutes, 21 seconds
Major Seed Round for NayaPay to Help Company Service Pakistan’s Underbanked
Fintech NayaPay hauled in $13 million to grow its double-sided digital banking operation aimed at serving underbanked businesses and consumers in Pakistan. So reports PYMNTS.
Most Read
-
-
Apr 27 2019
-
Written by FinTech News Brief Staff
The Securities and Exchange Commission announced the concept of digital…
-
-
-
Sep 03 2020
-
Written by FinTech News Brief Staff
The IRS issued new guidance indicating cryptocurrency earned from crowdsourcing-based…
-
-
-
Jan 09 2019
-
Written by FinTech News Brief Staff
Ripple CEO Brad Garlinghouse said cryptocurrency and blockchain stand to…
-
-
-
Sep 21 2018
-
Written by Jacob Roberts
Online software vendor Kashoo is forming focus group to react…
-