Pakistan s fintech TAG raises $12mln funding at $100mln valuation
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Asia Digest: Pakistan s TAG raises $12m; FountainVest buys NZ pet food firm
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i2c to Power TAG - Pakistan’s First Digital-Native Financial Super App
January 6, 2021 GMT
i2c to Power TAG - Pakistan s First Digital-Native Financial Super App. Fintech startup is latest to get approval from the State Bank of Pakistan (SBP) to operate as an Electronic Money Institution (EMI). Pakistan’s TAG, the nation’s first digital-native financial super app due to launch in Q1 of 2021. The program aims to provide instant payments and transparent pricing to the nation’s unbanked adult population of approximately 100 million including features such as the ability to send and receive money instantly and without fees to anyone with a TAG account, ATM access, bill payment and mobile top-up as well as tools to monitor spending. The company’s plans include expansion to the Middle East and North Africa as well. (Photo: Business Wire)