Monis Rahman steps down as Rozee CEO, banking and fintech industry official Shahid Kazi takes over

Rozee, a very well-known jobs platform in Pakistan, announced today that Shahid Hosain Kazi will be taking over as the new CEO...

Pakistan’s fintech and logistics startup PostEx closes seed round at $8.6mn

Pakistan’s first fintech and logistics hybrid startup PostEx today announced raising another $7.1 million in seed funding to provide eCommerce merchants with...

TRG Pakistan CEO accused of sexual assault by former employee in US, denies allegation

The chief executive of American call centre technology company, Afiniti, advised by former UK prime minister David Cameron and owned by The...

Lettus Kitchens closes angel funding round at $3m valuation with Kash Rehman

KARACHI: Karachi-born American entrepreneur Kash Rehman has invested an undisclosed amount in angel funding to help accelerate growth for Islamabad-based cloud kitchen...

Cashback startup Savyour raises $3.3mn to help consolidate eCommerce in Pakistan

Pakistan-based cashback fintech startup Savyour, which is the first indigenous startup to develop the dedicated cashback app and pay-per-sale affiliate marketing network...

Pakistan’s YC-backed Udhaar Book raises $6mn to scale as super app for merchants 

Udhaar Book, which calls itself a super app for Pakistan’s small businesses, has raised $6 million in seed funding from multiple investors...

Lahore-based eCommerce startup Zarya announces raising $1.7mn in pre-seed funding

Lahore-based Zarya, which positions itself as a digital wholesaler for online sellers, today said in a statement that their startup had raised...

VRG’s Asaan Mobile Account hits one million mark prior to commercial launch

Virtual Remittance Gateway (VRG), the fintech company undertaking the State Bank of Pakistan's (SBP) Asaan Mobile Account (AMA) scheme, Tuesday announced that...

Telecard restructures TFC debt with creditors as company prepares for IPO of Supernet

LAHORE: Telecard Limited Wednesday announced that it had successfully restructured a loan amount, which was Rs736.2 million till March 31, 2021, as...

eCommerce delivery startup Rider raises $2.3mn in funding for local expansion, focus on SMEs

Karachi-based last-mile eCommerce delivery startup Rider has announced raising $2.3 million in funding to enhance its product offering for SMEs, strengthening the...

What makes NAB interested in SadaPay?

A story of ego, malice, and two companies so bent on fighting the other, they do not care what it costs them

Pakistan’s InfoTech Group to list on PSX in Q3’22; plans to raise Rs2bn from IPO

LAHORE: InfoTech Group, one of the oldest technology companies in Pakistan, plans to raise Rs2 billion through an initial public offering (IPO)...

Microsoft to shut down LinkedIn in China, cites ‘challenging’ environment

BEIJING: Microsoft Corp is pulling the plug on LinkedIn in China nearly seven years after its launch, marking the retreat of the...

Unilever Pakistan double downs on quick commerce with recent investment in Munchies 

LAHORE: Unilever Pakistan-backed quick commerce platform Munchies Wednesday claimed to have raised $2.5 million in pre-seed funding to scale its hyper-local operations.  The...

B2B marketplace Tazah announces raising $2mn in pre-seed funding to fix farm to retail supply chain 

LAHORE: Tazah, a B2B agritech marketplace connecting farmers directly with retail fruit and vegetable sellers, has announced raising $2 million in pre-seed...