Pakistan

blockchain powered, Bazaar

Pakistani blockchain marketplace raised a new record total of $30mn

Bazaar Technologies, a Pakistani blockchain-powered business-to-business (B2B) marketplace, has raised $30 million in Pakistan’s largest Series A round to date. On August 24, Bazaar announced the completion of its most recent funding round, revealing that the round was led by Defy Partners of Silicon Valley and Wavemaker Partners of Singapore. Moreover, Hundreds of other investors […]

Pakistani Firm Selects Alipay to Introduce Blockchain-based Remittance Service

Pakistani Firm Selects Alipay to Introduce Blockchain-based Remittance Service

Alibaba has announced that a Pakistani financial firm has selected Alipay to introduce a blockchain-based remittance service in Pakistan. As reported, this is a first of its kind service in the country that is expected to cut down transaction costs and enable users track their remittances at every step.