Lahore-based FinTech OneLoad raised $11 million in a Series A led by Sarmayacar and Shorooq Partners

August 2, 2022

, By Sarika Parmar

Share via:

Lahore-based FinTech OneLoad raised $11 million in a Series A led by Sarmayacar and Shorooq Partners, where Bill & Melinda Gates Foundation’s Strategic Investment Fund, its first investment in Pakistan, and existing investor Systems Limited also participated.

OneLoad connects micro-retailers with suppliers, accepts digital payments, and provides working capital options for their business needs through various digital banking and payment services. The company creates new revenue streams for micro-retailers, who in turn help their end customers improve their standard of living and access to financial services. This capital will be used to expand the company’s suite of products and services aimed at Pakistan’s large unbanked population.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Previous News

ShareChat removed 2.6 million pieces of content in the month of June

Next News

Google removed 6,40,339 content pieces that violated community guidelines

Popular

More Like this

Lahore-based FinTech OneLoad raised $11 million in a Series A led by Sarmayacar and Shorooq Partners

August 2, 2022

, By Sarika Parmar

Lahore-based FinTech OneLoad raised $11 million in a Series A led by Sarmayacar and Shorooq Partners, where Bill & Melinda Gates Foundation’s Strategic Investment Fund, its first investment in Pakistan, and existing investor Systems Limited also participated.

OneLoad connects micro-retailers with suppliers, accepts digital payments, and provides working capital options for their business needs through various digital banking and payment services. The company creates new revenue streams for micro-retailers, who in turn help their end customers improve their standard of living and access to financial services. This capital will be used to expand the company’s suite of products and services aimed at Pakistan’s large unbanked population.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

Previous News

ShareChat removed 2.6 million pieces of content in the month of June

Next News

Google removed 6,40,339 content pieces that violated community guidelines

More like this

Popular

Upcoming Events

Startup Information that matters. Get in your inbox Daily!