QistBazaar, a leading Pakistan-based Buy Now Pay Later (BNPL) Fintech, announces a significant equity and Shariah-Compliant embedded finance partnership with Bank Alfalah - one of Pakistan’s largest commercial banks.
The partnership is worth PKR 500 million (US$1.7m) , and includes Bank Alfalah taking a 7.2% equity stake in QistBazaar, as well as becoming the Company’s embedded lending partner.