Pakistan’s Neem raises $2.5M to serve underbanked communities with its embedded finance platform

Pakistan’s embedded finance platform Neem has raised $2.5 million in a seed funding round as it works to support underbanked communities in the country.
The Karachi-based startup targets communities across sectors including agriculture, MSMEs, e-commerce, logistics, healthcare and others. It offers a lending platform that its partners use to provide tailored lending products to consumers and MSMEs. Neem is also working on a Banking-as-a-Service (BaaS) platform, which will go live in December, that will onboard partners to embed wallets and payments and offer financial products such as in

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