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News by FinTech Collective Archive

Zar raises $12m in new funding

Chris King

10/29/2025 11:06:38 PM

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Chris King

Pakistan based fintech building a global marketplace for stablecoins raised $12m in new funding led by a16z.

Unlike other companies that aim to popularize stablecoins through large retail or financial platforms, ZAR hopes to enlist the thousands of mobile phone kiosks, convenience stores and money agents that underpin daily life in Pakistan.

https://www.bloomberg.com/news/articles/2025-10-28/andreessen-horowitz-backs-startup-exploring-pakistan-stablecoins

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