Pakistan's fintech AdalFi plans PSX IPO next month: report

AdalFi is a Pakistani digital lending platform and a subsidiary of Techlogix, is planning an initial public offering (IPO) next month to expand its Islamic and small-business loans services, the digital lending platform. According to Bloomberg, the company plans to raise as much as Rs652 million ($2.35 million) by issuing new shares at the Pakistan Stock Exchange. AdalFi is focused on digital financing. Its mission is to equalise access to credit for all Pakistanis by leveraging data and Artific

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