Pakistan’s fintech M&A scene kicks off with ZoodPay acquiring Tez

  • ZoodPay, a leading BNPL provider, has broadened its footprint and product set by acquiring Tez Financial Services

  • Pakistan is a huge digital lending opportunity; only 3% of individuals borrow from financial institutions

  • There are challenges too: controlling defaults is tricky, and levels of financial literacy, awareness and trust are low

May 23rd, 2022
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