Qisstpay Raises $15M, Cementing Itself As The Fastest Growing Emerging Markets Bnpl Player From Pakistan
Qisstpay Raises $15M, Cementing Itself As The Fastest Growing Emerging Markets Bnpl Player From Pakistan
09/29/21, 9:00 AM
Money raised
$15 million
QisstPay, Pakistan's first and fastest growing buy now pay later platform (BNPL), today announced that they have raised $15M across its seed & pre-seed rounds with a mix of equity and debt. MSA Capital led the round, with institutional investment participation from Global Founders Capital; Fox Ventures, First Check Ventures; and a series of strategic angel investments from Simone Mancini and Johnny Mitrevski, Co-Founders of Scalapay, who recently raised a $155M Series A round at a $700M valuation; Ashley Davies, former CFO of Venmo and current Sylp CFO; former C Suite at Affirm; Adam Mawdesley, VP of Partnerships & Product at Splitit; and United Bank Limited of Pakistan.
Company Info
Additional Info
QisstPay is an installment payment service for emerging markets. QisstPay is a Buy Now, Pay Later platform that, when chosen at checkout, allows customers to pay in installments with 0% interest. They are addressing the lack of flexibility, integration, and the hidden fees currently plaguing Pakistan's BNPL landscape by giving customers an efficient, adaptable, interest free platform.
Press Contact: Kathy Osborne, Press@qisstpay.com
SOURCE Qisstpay