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§ Private Profile · Lahore, Punjab, Pakistan
Fintech company offering digital payments, mobile wallets, and SME lending for small businesses in Pakistan, focused on branchless banking.
Finja is a Karachi, Pakistan-based financial technology company that provides digital payments, mobile wallets, and lending services to small and medium-sized commercial enterprises. The platform utilizes open application programming interfaces and alternative digital scoring models to underwrite credit for undocumented small businesses, corporate employers, and independent professionals. The enterprise has secured over $11 million in total disclosed equity financing, including a $1 million seed round and a $10.15 million Series A1 tranche that facilitated a 64 percent month-on-month portfolio growth rate following the global pandemic. Finja is backed by prominent institutional investors such as Habib Bank Limited, Vostok Emerging Finance, BeeNext, and Quona Capital, while also operating as a super agent in a strategic partnership with Finca Microfinance Bank. The company was founded in 2016 by Qasif Shahid, Monis Rahman, and Umer Munawar.
Finja has raised $11.5M across 3 funding rounds.
Finja has raised $11.5M in total across 3 funding rounds.
Finja has raised $11.5M across 3 funding rounds. Most recently, it raised $9.0M Series A in December 2020.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Dec 31, 2020 | $9M Series A | — | Beenext, Gray MacKenzie Engineering Services, ICU Ventures, Quona Capital, VEF | Announced |
| Oct 18, 2017 | $1.5M Series A | Dave Nangle | Gray MacKenzie Engineering Services | Announced |
| Aug 2, 2016 | $1M Venture Round | Dave Nangle | — | Announced |
Finja has raised $11.5M in total across 3 funding rounds.
Finja's investors include Beenext, Gray MacKenzie Engineering Services, ICU Ventures, Quona Capital, VEF, Dave Nangle.