Sep 9, 2020
Karandaaz with the funding from the United Kingdom’s Foreign, Commonwealth and Development Office (FCDO) has signed an equity investment deal with Secure Logistics (Pvt) Ltd (SLG). Karandaaz’s equity investment with added co-investment from an international investor, Saudi Bugshan Group in SLG, totals to PKR 1.2 billion.
Jul 14, 2020
Karandaaz Pakistan, with support from United Kingdom’s Foreign, Commonwealth and Development Office (FCDO), has launched a new financing programme to improve access to finance for women businesses. This new initiative, titled “Women Ventures”, will start accepting applications from eligible women-led and
May 14, 2020
Karandaaz has announced the launch of a new programme to subsidize design thinking services for Digital Financial Service (DFS) providers offering products and services through mobile and web-based platforms. Karandaaz aims to promote digital financial products and services that address the needs of the customers; create more valuable, appealing, and user-friendly solutions; and expand financial inclusion in the country. More often than not, digital financial products are complex when presented digitally and hence many customers are reluctant to use them.
May 10, 2020
Karandaaz Pakistan, with financial support from the United Kingdom's Foreign, Commonwealth and Development Office (FCDO), is helping the Securities Exchange Commission of Pakistan (SECP) digitalise its key operations.
May 6, 2020
Karandaaz Pakistan is providing financing to Excel Labs to initiate COVID-19 testing. With this funding, Excel Labs is building its capacity to carry out an estimated 500 tests daily and more than 10,000 tests a month.
Mar 9, 2020
U Microfinance Bank Ltd. signed a grant agreement with Karandaaz Pakistan, with funding from Bill & Melinda Gates Foundation. The grant will help U Bank further its mission of financially including more women. U Bank won the grant through a competitive application process via Karandaaz’s Digital Experiments program.