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NayaPay

From EverybodyWiki Bios & Wiki

NayaPay is a Pakistan-based fintech startup that operates as a payment service provider.[1]

In September 2019, NayaPay was granted in-principle approval by the State Bank of Pakistan to operate as an Electronic Money Institution in Pakistan.[2]

In February 2022, NayaPay raised $13 million in early stage funding.[3]

In January 2024, NayaPay partnered with Alipay+ to deploy QR codes compatible with both Alipay+ and Raast payment partners, including bank apps and e-wallets.[4]

In August 2024, Forbes’ included NayaPay into it's ‘Asia 100 to Watch 2024’ list.[5]

References[edit]

  1. Kamran, Sadia (20 October 2021). "A New Way To Pay". Aurora Magazine.
  2. "NayaPay gets SBP's in-principle approval to operate as EMI". Profit by Pakistan Today. 30 September 2019.
  3. "Startup NayaPay Raises Pakistan's Biggest Fintech Funding Round". Bloomberg.com. 24 February 2022.
  4. "NayaPay and Alipay+ boost global payments in Pakistan". The Asian Banker. 24 January 2024.
  5. "2 Pakistani startups make it to coveted Forbes 'Asia 100 to Watch' list". DAWN. 27 August 2024.


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