Pakistani Fintech Oraan Secures Investment to Boost Gold Savings Product

Pakistani Fintech Oraan Secures Investment to Boost Gold Savings Product

Oraan, a Pakistani fintech known for digitizing women-led savings circles, has secured investment from Epic Angels, the largest global all-female investment collective. The funds, also backed by WaveMaker and i2i Ventures, will be used to significantly expand Oraan's gold savings product and build its gold inventory. Oraan's gold product, which allows fractional gold purchases, has shown rapid growth since its introduction. This expansion could boost formalized gold demand and liquidity in Pakistan, potentially impacting local gold market dynamics.

بحوالہ / Source: www.brecorder.com