CB Insights named NayaPay one of the world’s 100 most innovative fintech startups in 2024. CB Insights is a famous company that studies technology trends. In addition, being on this list shows that NayaPay is doing great things in finance and technology.
Pakistani fintech startup NayaPay has gained international recognition after being included in the prestigious 2024 Fintech 100 list by market analyst CB Insights. This annual list highlights the world’s most innovative early and mid-stage companies that are driving change in financial technology. Moreover, NayaPay’s inclusion is a testament to its rapid growth and the impact it is making in Pakistan’s digital financial landscape.
CB Insights, a renowned research firm, selects companies for the Fintech 100 based on various factors like investment deals, partnerships, and the strength of the company’s workforce. NayaPay joins 51 other companies from outside the United States, with 17 of them hailing from emerging and developing economies. This highlights the global reach of the fintech sector, which is becoming increasingly inclusive and diverse.
Words Of Gratitude
Laura Kennedy, Principal Analyst at CB Insights, praised the 2024 winners for their innovative approaches. She mentioned that many of these companies, including NayaPay, use artificial intelligence (AI) to offer solutions that tackle fraud prevention and promote financial inclusion. Moreover, Kennedy emphasized how these startups are helping shape the future of financial services, particularly in emerging markets.
NayaPay’s CEO, Danish Lakhani, expressed his gratitude for the recognition. He noted that the acknowledgment strengthens their mission to serve millions of unbanked and underserved people in Pakistan. NayaPay focuses on delivering easy, secure, and reliable financial services to both consumers and businesses, driving the growth of the country’s digital economy. In addition, Lakhani reaffirmed NayaPay’s commitment to continuous innovation and tailoring its services to meet the unique needs of the Pakistani market.
NayaPay has also previously earned spots on the Forbes Asia 100 to Watch list and won the Best Fintech Award at the Pakistan Banking Awards. The company is transforming how people and businesses in Pakistan handle their everyday financial transactions, making it a significant player in the country’s financial technology sector.