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
You can read this report by subscribing to a Starter or Pro plan today.
Already have an account? Log in
Most Read
Disclosures
This report is independent investment research as contemplated by COBS 12.2 of the FCA Handbook and is a research recommendation under COBS 12.4 of the FCA Handbook. Where it is not technically a research recommendation because the subject of the research is not listed on any European exchange, it has nevertheless been treated as a research recommendation to ensure consistent treatment of all Tellimer's research. This report has been produced by the analyst(s) named above (the "Analyst").
The Analyst certifies that the views and forecasts expressed in this report accurately reflect their personal views about the subject, securities, or issuers specified herein. In addition, the Analyst certifies that no part of their compensation was, is, or will be directly or indirectly related to the specific recommendations or views expressed in this report.