SECP Grants BNPL License to Alibaba-Backed Koko Tech Pakistan
The Securities and Exchange Commission of Pakistan (SECP) has issued a Buy Now Pay Later (BNPL) license to Koko Tech Pakistan, a firm backed by Alibaba. This approval allows the company to operate its BNPL services in the country.
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SECP grants Buy Now Pay Later licence to Alibaba-backed Koko Tech Pakistan
The Securities and Exchange Commission of Pakistan (SECP) on Tuesday said it had granted a Buy Now Pay Later (BNPL) licence to Alibaba-backed Koko Tech Pakistan Pvt. Ltd (KTPL). “The entry of Alibaba-backed KTPL marks a significant milestone for Pakistan’s digital financial ecosystem,” it said in a press release. The press further stated: “One of the world’s leading e-commerce and technology companies, Alibaba’s move into Pakistan reflects growing international conf...
By none@none.com (News Desk)
Read full article →Alibaba-backed Buy Now Pay Later firm gets SECP licence
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