Dbank, a Pakistani fintech based by two former Google staffers, has raised $17.6 million in a seed funding spherical co-led by Sequoia Southeast Asia and Kleiner Perkins.
Brazilian digital banking large Nubank, RTP International, Rayn and native associate Askari Financial institution joined the spherical.
Particulars on merchandise and launch timelines are scant however Dbank has utilized for a digital retail financial institution license in Pakistan and set its sights onbringing monetary companies to underbanked folks throughout the Pan-Islamic world.
The agency was based by Tania Aidrus, who spent over a decade at Google targeted on serving to transfer economies from money to digital, and Khurram Jamali, former head of partnerships for funds throughout the Web Billion Customers markets for Google.