Fintech AdalFi raises $7.5m - Newspaper
KARACHI: Pakistani digital lending platform AdalFi said on Thursday it has raised $7.5 million in funding, the first...
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KARACHI: Pakistani digital lending platform AdalFi said on Thursday it has raised $7.5 million in funding, the first...
AdalFi, a Pakistan-based fintech providing credit scoring data and lending technology to banks, has raised $7.5 million in Seed funding.
Company's CEO says AdalFi has signed on 14 banks.
COTU Ventures, Chimera Ventures, Fatima Gobi Ventures and Zayn Capital invested in the round.
Less than 4% of Pakistani consumers and businesses take bank loans. Helping banks offer their customers real-time loan products, Pakistan’s first end-to-end digital lending infrastructure provider AdalFi is today announcing a $7.5 million funding round. The funding round was led by COTU Ventures, Chimera Ventures, Fatima Gobi Ventures and Zayn Capital alongside angel investors