Archive · Business Recorder
Pakistan's AdalFi plans PSX IPO next month: report
AdalFi is a Pakistani digital lending platform and a subsidiary of Techlogix, is planning an initial public offering (IPO) next month to expand its Islamic and small-business loans services, the digital lending platform. According to Bloomberg, the company plans to raise as much as Rs652 million ($2.35 million) by issuing new shares at the Pakistan Stock Exchange. AdalFi is focused on digital financing. Its mission is to equalise access to credit for all Pakistanis by leveraging data and Artificial Intelligence (AI) to power credit decisions. Pakistani fintech AdalFi raises $7.5mn to tackle le...
ZAZTEK archives the headline, summary and publication date so the story stays findable. The full article remains the publisher's. Read it at Business Recorder →