UAE-Based Tech Firm Makes Debut Investment in Pakistan’s Startup
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8 Articles
UAE-based tech firm makes debut investment in Pakistan’s startup
KARACHI: A UAE-based technology company has made its first investment in Pakistan, backing a local fintech that provides digital financial services to the logistics sector, the company said on Friday. Yango Group, through its $20 million corporate venture arm Yango Ventures, acquired a stake in Trukkr, a platform that serves Pakistan’s $35 billion logistics market. The
Finovate Global Pakistan: Profits in E-Commerce, Investment in Logistics, and Partnerships in Cybersecurity
This week’s edition of Finovate Global features news on recent fintech developments in Pakistan. Fintech Deal Draws Bazaar Technologies Closer to Profitability A report in Bloomberg indicates that Pakistan’s most well-funded startup, Bazaar Technologies, is closing in on profitability. The company, which was founded in 2020, offers a B2B e-commerce platform that connects small retailers with suppliers. This digitization of traditional supply cha…
Yango Group Enters Pakistan’s Startup Scene with Trukkr Investment
Yango Group, a UAE-based tech company, has made its first investment in Pakistan through Yango Ventures, acquiring a stake in Trukkr, a fintech platform digitizing financial services for the logistics sector. The investment will help Trukkr expand its operations, strengthen its credit-scoring tools, and improve access to financial services for thousands of trucking businesses across […] The post Yango Group Enters Pakistan’s Startup Scene with T…
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