Fintech Stripe Invests in Karachi based Digital Payments Startup Safepay's Seed Round

Karachi-based Fintech firm
Safepay has reportedly acquired seed funding from global financial technology company
Stripe. Safepay hasn’t disclosed the amount it has received but claims that it’s a seven-figure (USD) amount.
Other local and international investors also took part in the Pakistani Fintech firm’s investment round.
As first reported by Menabytes, the round includes contributions from Berlin-headquartered Global Founders Capital (which recently made investments in Bazaar), US-based HOF Capital, Soma Capital, and Mantis Venture Capital. Pakistan’s VC Fatima Gobi Ventures participated in the round as well. Safepay’s seed round has been finalized after the firm recently graduated from Y Combinator’s Summer 2020 batch.

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