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 […]
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Back to news homeTiger Global backs fintech CreditBook in first Pakistan investment
Two years ago, a group of entrepreneurs in Pakistan began surveying the market to understand why financial services weren’t reaching the majority of merchants in the world’s fifth most populous […]
Inflation Batters Pakistan and Puts Pressure on Imran Khan
Muhammad Nazir canceled his daughter’s wedding. He parks his motorcycle at home and walks to his shop. Many of his shelves are empty because he can’t afford to stock the […]
In India, Facebook Struggles to Combat Misinformation and Hate Speech
On Feb. 4, 2019, a Facebook researcher created a new user account to see what it was like to experience the social media site as a person living in Kerala, […]
Oraan raises $3M to increase financial inclusion among Pakistani women
After working as an investment banker in Canada for a decade, Halima Iqbal moved back to Pakistan in 2017 and quickly realized how difficult it is for women to access […]
China Pledges to Stop Building Coal Plants Abroad: Explained
Xi Jinping, China’s top leader, said on Tuesday that his country would stop building coal-burning power plants overseas, a major shift by the world’s second-biggest economy to move away from […]
Pakistan edtech startup Maqsad gets $2.1M pre-seed to make education more accessible
Taha Ahmed and Rooshan Aziz left their jobs in strategy consulting and investment banking in London earlier this year in order to found a mobile-only education platform startup, Maqsad, in […]
Blast That Killed Chinese Workers in Pakistan Was a Terrorist Attack, Officials Say
China has expressed growing concern about regional stability after the end of the American military mission in neighboring Afghanistan.China’s leader, Xi Jinping, also spoke on Friday with Afghanistan’s president, Ashraf […]
China Criticized the Afghan War. Now It Worries About the Withdrawal.
The Chinese government rarely passes up a chance to accuse the United States of military adventurism and hegemony. In the case of Afghanistan, though, it has changed its tone, warning […]
Google, Facebook and Twitter threaten to leave Pakistan over censorship law
Global internet companies Facebook, Google and Twitter and others have banded together and threatened to leave Pakistan after the South Asian nation granted blanket powers to local regulators to censor […]