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Qist Bazaar raised $3.2M in a Series A funding round to enhance its installment-based payment solutions for unbanked populations.

PRIVATESep 23, 2024

Amount Raised

$3.2 Million

Round Type

Series A

KarachiFinancial ServicesFinanceFintechLendingBanking

Description

Qist Bazaar, a fintech startup based in Pakistan, has secured $3.2 million in its Series A funding round. The company specializes in providing Buy Now Pay Later services to unbanked and under-banked segments.

Who else raised in Financial Services and Finance around the same time

Companies in the same sectors as Qist Bazaar that raised within 45 days of this round, from Fundz verified event records.

  • Agent Banking Company raised an undisclosed amount on October 12, 2024.
  • GBank Financial Holdings raised $20M on October 11, 2024.
  • Aye Finance raised $30M (Series G) on September 20, 2024.
  • Primary raised $3.5M (Seed) on September 18, 2024.
  • Veritas Finance raised $29M (Funding Round) on September 9, 2024.
  • Green Dot raised $65M on September 6, 2024.

Who to call at Qist Bazaar, and when

A new round usually means Qist Bazaar is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Qist Bazaar raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Qist Bazaar, from your own LinkedIn network

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Company Information

Company

Qist Bazaar

Location

Karachi, Sindh, Pakistan

About

Qist Bazaar is a fintech startup based in Pakistan that specializes in Buy Now Pay Later (BNPL) solutions. It is licensed as a Non-bank Financial Company (NBFC) by the Securities and Exchange Commission of Pakistan (SECP). The company aims to provide installment-based payment solutions to the unbanked and under-banked segments of the population. By facilitating access to credit, Qist Bazaar plays a crucial role in improving financial inclusion.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Qist Bazaar raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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