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Latest funding round bolsters Finja’s foundations

Marking its digital-first commitment, Habib Bank (HBL) has invested into fintech start-up Finja, a fast-growing digital lender in Pakistan which has partnered with Meezan...

Finja

Finja is a new age financial services platform for professionals, merchants (Karyana shops) and SME businesses addressing their payments, collections and credit needs. Being...

Pakistan revises regulations to encourage fintechs to get into e-payment business

Islamic fintech companies are now incentivized to enter into the electronic payment business in Pakistan as the State Bank of Pakistan (SBP) has issued revised regulations for electronic money institutions (EMIs) with the aim to enhance its outreach and scope of the service.

Islamic fintech start-up becomes Pakistan’s first licensed P2P financing platform

Finja Invest, a Shariah compliant P2P financing platform, has received approval from the regulator to officially run its business, making it the first P2P lending service provider in the country.

Pakistani Islamic fintech start-up closes US$17 million Series A round

Pakistan-based Abhi, which offers Shariah compliant digital financial services, has raised US$17 million in Series A funding, bringing its valuation to US$90 million.

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