Share WhatsApp Email 0 SharesIslamabad-based fintech TAG has closed $5.5 million in a pre-seed round led by US VCs Quiet Capital and Liberty City Ventures, it told MENAbytes today. The Pakistani fintech was also accepted to join Y Combinator’s Summer 2021 batch. According to our data, it is the largest pre-seed ever in the Middle East, North Africa & Pakistan. Egyptian fintech Telda briefly held the record for a few weeks after raising $5 million in a pre-seed last month. The fintech currently has a team of over 30 employees with most of them working remotely from Europe.

Source: The North Africa Journal June 03, 2021 11:26 UTC