Pakistan Startup to Offer Financial Services Post Fund Raise – Bloomberg

TAG Innovation Pvt. will start offering financial services this month in the world’s fifth most populous nation where 70% of adults don’t have a bank account.
The Islamabad-based fintech startup will launch with a limited number of customers and will start commercial operations in two to three months after it gets central bank approval, Chief Executive Officer Talal Gondal said in an interview. The startup aims to have millions of customers for its digital wallets in the first few years under its electronic money institution license, he said.


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