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  5. Bank Alfalah Invests In Jingle Pay

Investment Summary

Bank Alfalah Invests In Jingle Pay

On January 9, 2025, Bank Alfalah invested in internet software and services company Jingle Pay

Investment Highlights
  • This is Bank Alfalah’s 1st transaction in the Internet Software and Services sector.
  • This is Bank Alfalah’s 1st transaction in United Arab Emirates.

Investment Summary
Date 2025-01-09
Target Jingle Pay
Sector Internet Software and Services
Investor(s) Bank Alfalah
Deal Type Stake Purchase

Target

Jingle Pay

Dubai, United Arab Emirates
Jingle Pay is a fintech, specializing in cross-border money transfers licensed by Dubai Financial Services Authority (DFSA). Jingle Pay operates in the UAE, Bahrain, and Pakistan, offering cutting-edge financial services. Jingle Pay was founded in 2019 and is based in Dubai, United Arab Emirates.

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Investor(S) 1

Investor

Bank Alfalah

Karachi, Pakistan
Category Company
Founded 1997
Sector Financial Services
DESCRIPTION

Bank Alfalah is a commercial bank in Pakistan, with over 1,000 branches across 200 cities and an international presence in the UAE, Bahrain, and Afghanistan. Bank Alfalah was founded in 1997 and is based in Karachi, Pakistan.

DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Stake Purchase M&A Deals 1 of 1
Country: United Arab Emirates M&A 1 of 1
Year: 2025 M&A 1 of 1
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