CB Insights has selected NayaPay, a leading E-Money Institution from Pakistan, for its 2024 Fintech 100 list of top private fintech innovators worldwide.
Laura Kennedy, CB Insights’ Principal Analyst, described the honorees as companies “transforming financial services through impactful innovation.” This year, many on the list are using AI across solutions, expanding financial access in emerging regions, and tackling issues like fraud prevention and inclusion.
For NayaPay, this recognition is a significant achievement. CEO Danish Lakhani expressed pride in the honor, saying, “Being named to the Fintech 100 by CB Insights strengthens our commitment to empowering unbanked and underserved Pakistanis. We remain focused on delivering secure, easy-to-use financial solutions for our growing digital economy.”
CB Insights chose winners based on criteria like deal flow, industry partnerships, team strength, investor backing, and their proprietary Commercial Maturity and Mosaic scores. The selection also relied on analyst briefings directly from startups.
Previously, NayaPay made the Forbes Asia 100 to Watch list and recently won Best Fintech at the Pakistan Banking Awards. Partnerships with global players like Visa and Alipay+ help NayaPay drive innovation and support financial inclusion for Pakistan’s individuals and businesses in an increasingly digital world.
