in , , , ,

TAG, another Pakistani FinTech startup to launch this year

Talal Gondal, the CEO of TAG Innovation Pvt, claims that the FinTech startup would launch this month for a smaller number of customers in pilot mode. Then will extend the services to a more extensive consumer base in the next 2-3 months. TAG reportedly received pre-seed funding of $5.5 million from Quiet Capital Management, Liberty City Ventures, Fatima Gobi Ventures, and several angel investors and plans on using this investment in its public launch.

The Islamabad-based startup aims to make banking services and payment mechanisms easier and accessible to consumers by introducing its consumer-friendly “super financial mobile application”. TAG has already received the EMI license from the State Bank of Pakistan (SBP) and is ready to start its journey.

The FinTech industry of Pakistan is growing immensely with the frequent emergence of new startups, signaling this sector’s profitability and high growth. A strong signal for entrepreneurs of Pakistan to start their journey with FinTech.


Leave a Reply

Your email address will not be published. Required fields are marked *



"Tajir, A Pakistani B2B ecommerce, raises $17m in its round

Vceela, a social enterprise, gets selected for the GSMA grant