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Pakistan-based fintech platform, NayaPay, has raised $13 million in a seed round to rollout its multi-service messaging and payment app, and to build payment acceptance and financial management tools for businesses in the South Asian country. NayaPay CEO and founder Danish Lakhani told TechCrunch that the super-app allows people residing in Pakistan to send and […]

It recently secured the first E-Money Institution licence from the central bank.

Platform aims to address needs of underbanked citizens and SMBs, enabling them to create accounts and start transacting

NayaPay, a Pakistan-based fintech platform, has raised $13 million in one of the largest seed rounds in South Asia.

<ul> <li><span><b>Investment:&nbsp;</b>NayaPay secures $13m in one of the largest seed rounds in South Asia to spearhead the fintech revolution in Pakistan</span></li> <li><span><b>Action:&nbsp;</b>NayaPay aims to address the needs of underbanked citizens and SMBs, enabling them to create accounts and start transacting within a few minutes</span></li> <li><span><b>Ambition:&nbsp;</b>NayaPay to scale and serve 5m consumers and businesses across Pakistan as...