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Stock impact report

FinVolution Group Expands Global Footprint with Launch of "Daira" in Pakistan [Yahoo! Finance]

FinVolution Group American Depositary Shares (FINV) 
Company Research Source: Yahoo! Finance
fintech company, officially announced the launch of Daira, its new fintech platform in Pakistan , on October 10 . This launch marks a significant milestone in the company's global expansion strategy, with the platform offering localized and secure digital fintech services tailored for the Pakistani market. Situated at a pivotal crossroads in South Asia Pakistan has a large and youthful population. However, millions of individuals still lack access to basic financial services. With the country's fintech market rapidly digitalizing, this gap presents significant opportunities for growth and innovation. Leveraging 17 years of technological expertise and extensive experience in market localization, FinVolution aims to drive digital financial inclusion in Pakistan through Daira. Earlier this year, FinVolution obtained a Non-Banking Financial Company (NBFC) license from the Securities and Exchange Commission of Pakistan (SECP), laying the foundation for compliant operations within the c Show less Read more
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