DealCart, NayaPay make it to Forbes ‘Asia 100 to Watch’ list

MG News | September 02, 2024 at 10:32 AM GMT+05:00

0:00

September 02, 2024 (MLN): Two Pakistani startups, DealCart and Nayapay, have made it to Forbes’ ‘Asia 100 to Watch 2024’ list.

According to the Forbes website, Karachi-headquartered DealCart operates an online grocery site aimed at Pakistan’s growing middle class. While Fintech startup NayaPay operates a payments processing platform in Pakistan, aiming to help digitalize transactions between consumers and businesses.

Small grocery stores can also sell on DealCart to tap its customer base. In July, the firm raised $3 million in a seed funding round co-led by Abu Dhabi-based Shorooq Partners and London-based Sturgeon Capital.

NayaPay’s app supports an e-wallet, virtual debit card and online payments. For businesses, NayaPay also offers point-of-sale devices that can be installed in stores. The fintech startup raised $13m in a 2022 seed funding round led by Zayn Capital, MSA Novo and Graph Ventures.

NayaPay in a statement said, "thrilled to announce that NayaPay has been featured on the Forbes Asia 100 To Watch list. This recognition places us among the most innovative trailblazers across 16 regions around the world."

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	154,421.43 202.93M	-0.92% -1437.05
ALLSHR	92,487.78 401.80M	-0.96% -898.05
KSE30	47,322.74 112.52M	-1.11% -528.79
KMI30	221,927.00 101.40M	-0.80% -1792.09
KMIALLSHR	59,889.41 199.88M	-1.08% -652.12
BKTi	44,127.70 34.85M	-1.99% -894.82
OGTi	31,715.42 8.74M	-2.31% -748.93

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	69,910.00	71,145.00 69,345.00	-915.00 -1.29%
BRENT CRUDE	97.77	101.59 95.20	5.79 6.29%
RICHARDS BAY COAL MONTHLY	99.40	0.00 0.00	-10.20 -9.31%
ROTTERDAM COAL MONTHLY	121.50	0.00 0.00	0.10 0.08%
USD RBD PALM OLEIN	1,083.50	1,083.50 1,083.50	0.00 0.00%
CRUDE OIL - WTI	91.90	95.97 88.61	4.65 5.33%
SUGAR #11 WORLD	14.36	14.38 14.35	0.11 0.77%