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Pakistan’s Dbank raises $17.6m

admin by admin
17 February, 2023
in startups
Pakistan’s Dbank raises $17.6m

Brazilian digital banking giant Nubank, RTP Global, Rayn and local partner Askari Bank joined the round.

Details on products and launch timelines are scant but Dbank has applied for a digital retail bank license in Pakistan and set its sights onbringing financial services to underbanked people across the Pan-Islamic world.

The firm was founded by Tania Aidrus, who spent over a decade at Google focused on helping move economies from cash to digital, and Khurram Jamali, former head of partnerships for payments across the Net Billion Users markets for Google.

,Dbank, a Pakistani fintech founded by two former Google staffers, has raised $17.6 million in a seed funding round co-led by Sequoia Southeast Asia and Kleiner Perkins.,

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