About FinTech sector in Pakistan
The FinTech sector in Pakistan comprises 460 companies, including 74 funded companies having collectively raised $391M in venture capital money and private equity. Out of these, 18 are Series A+ funded.
FinTech sector in Pakistan has seen 7 acquisitions and 1 IPO.
This sector includes companies offering tech-enabled financial services and IT infrastructure and software for offering and managing financial services.
FinTech sector is also known as BFSI Tech.
Companies included in FinTech
Companies providing tech solutions to provide financial services like lending, banking, fundraising, insurance, etc.Companies excluded in FinTech
Companies offering traditional financial services like Banks, NBFCs, Insurance Carriers, etc.Top FinTech Companies in Pakistan
There are more than 460 companies in FinTech in Pakistan. Bazaar is the top FinTech company in Pakistan, ranked using Tracxn Score (what's this?).
Here are 5 of the top FinTech companies in Pakistan:
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Platform offering operating system for general purpose | Karachi (Pakistan) | 2020 | Series B | $108M | |
Online platform for payday loans | Karachi (Pakistan) | 2021 | Series A | $19.1M | |
Mobile money accounts for online and offline payments | Islamabad (Pakistan) | 2012 | Unfunded | - | |
Limited information available | Karachi (Pakistan) | 2015 | Seed | $13M | |
Provider of financial services for MSMEs, investors, and businesses | Lahore (Pakistan) | 2015 | Acquired | $25M |
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Companies founded year-on-year in the FinTech sector in Pakistan
64 FinTech startups in Pakistan were founded in 2021 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | - |
2025 | - |
2024 | 5 |
2023 | 30 |
2022 | 46 |
2021 | 64 |
2020 | 48 |
2019 | 35 |
2018 | 25 |
2017 | 29 |
Stage-wise distribution of FinTech sector companies in Pakistan
Out of the total 460 FinTech companies in Pakistan, 74 have secured funding. Among them, 18 have reached Series A or higher, and 11 to Series B or beyond.
Founded - 460
Funded - 74
Series A+ - 18
Series B+ - 11
Series C+ - 10
Company Stage | No. of companies |
|---|---|
Founded | 460 |
Funded | 74 |
Series A+ | 18 |
Series B+ | 11 |
Series C+ | 10 |
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Funding Trends in the FinTech sector in Pakistan
Total funding year-on-year in the FinTech sector in Pakistan
The FinTech sector in Pakistan saw a total funding of more than $386M in the last 10 years. The most amount of funding was in 2022 at more than $152M.
- Total Funding
Year | Total Funding |
|---|---|
2025 | $52M |
2024 | $26.3M |
2023 | $12.5M |
2022 | $152M |
2021 | $120M |
2020 | $10.4M |
2019 | $3.38M |
2018 | $1.33M |
2017 | $1.5M |
Recent Funding Rounds in FinTech in Pakistan
In the year 2025, till November 2025, FinTech companies in Pakistan have raised $5M in equity funding across 3 rounds.
In the same period last year (i.e. till August 2024), FinTech companies in Pakistan had raised $7.3M across 3 rounds.
So, 2025 has seen a 31.51% drop in funding in FinTech companies in Pakistan as compared to 2024.
Here are some recent, important funding rounds in FinTech companies in Pakistan:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 4740 | Nov 2025 | ||
Seed | 9919 | Sep 09, 2025 | ||
Seed | 9266 | Apr 08, 2025 | ||
Seed | 5536 | Aug 20, 2024 | ||
Seed | 6706 | Jul 12, 2024 |
Top Investors in FinTech in Pakistan
British International Investment is the top investor in FinTech companies in Pakistan based on number of companies invested.
Here are some top investors in FinTech companies in Pakistan:
Investor | Location | Top Portfolio Companies |
|---|---|---|
London (United Kingdom) | - | |
Abu Dhabi (United Arab Emirates) | ||
New York City (United States) | - | |
London (United Kingdom) | ||
Lahore (Pakistan) |
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M&A activity in FinTech sector in Pakistan
In the year 2025, till November 2025, 2 acquisitions happened in FinTech sector in Pakistan. Last year, in 2024, a total of 1 acquisition happened in FinTech sector in Pakistan.
Here are some recent, important acquisitions in FinTech sector in Pakistan:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Nov 08, 2025 | ||
Business Acquisition | Jul 09, 2025 | ||
Business Acquisition | Feb 17, 2024 | ||
Business Acquisition | Sep 12, 2023 | ||
Business Acquisition | Jul 05, 2023 | - |
Acquisition trends in FinTech sector in Pakistan
Here are the acquisition trends in FinTech sector in Pakistan:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | - |
2025 | 2 |
2024 | 1 |
2023 | 2 |
2022 | 2 |
2021 | - |
2020 | - |
2019 | - |
2018 | - |
2017 | - |
IPOs in FinTech in Pakistan
In the year 2007, till March 2007, 1 IPO happened in FinTech sector in Pakistan.
Here are some recent, important IPOs in FinTech sector in Pakistan:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Mar 12, 2007 | Pakistan Stock Exchange (PSX) |
Colleges which produce the most FinTech companies in Pakistan
Companies founded by alumni from top colleges in the FinTech in Pakistan
Most number of FinTech startups in Pakistan have been founded by alumni from INSEAD, London School of Economics and Political Science and University of Oxford.
College | No. of companies |
|---|---|
INSEAD | 4 |
London School of Economics and Political Science | 3 |
University of Oxford | 3 |
Columbia University | 2 |
London Business School (LBS) | 2 |
Massachusetts Institute of Technology | 2 |
Harvard University | 1 |
King’s College London | 1 |
National University of Singapore (NUS) | 1 |
Total funding in FinTech companies founded by alumni from top colleges in Pakistan
In the last 10 years, London School of Economics and Political Science graduates' FinTech companies in Pakistan have raised the most funding among top colleges. National University of Singapore (NUS) alumni are second, and INSEAD alumni are third.
College | Total Funding |
|---|---|
London School of Economics and Political Science | $108M |
National University of Singapore (NUS) | $20.1M |
INSEAD | $8M |
London Business School (LBS) | $7.5M |
Massachusetts Institute of Technology | $7.5M |
Columbia University | $4.74M |
University of Oxford | $4.5M |
Harvard University | - |
King’s College London | - |
Top News in FinTech in Pakistan
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Pakistan's First Shariah-Compliant Green Hotel REIT LaunchedNewswire•May 22, 2025•JS Investments, GOHAR
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Bazaar launches Bazaar Pro: Procurement Experts for Businesses Across PakistanProPakistani•Sep 05, 2024•Bazaar
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easypaisa Audio Nikahnama Campaign Scores Yet Another Global Victory at MADSTARS Korea 2024ProPakistani•Aug 27, 2024•Easypaisa
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Pakistani Startup PostEx Set to Expand Financial and Logistics Services to Saudi Arabia, with Plans for Further Market ExpansionGlobal Village Space•Aug 20, 2024•PostEx
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Xsolla Boosts Payment Presence in Asia Through New Partnerships, Focusing on Local Gamer MarketsBusiness Wire India•Jul 17, 2024•Xsolla, WeChat, JazzCash, Easypaisa and 3 others
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