Kazakhstani startup Bank4.me has attracted investments at a valuation of $5 million
Author - Mansur Ismagulov
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Bank4.me has secured investment from Big Sky Capital and PI Capital Limited. The startup's valuation stands at $5 million. The funds will be used to scale operations in Uzbekistan and Azerbaijan, as well as to enhance products in Kazakhstan. The service allows users to independently apply for installment plans or loans for goods.
Bank4.me has attracted investments from US and UAE venture capital funds — Big Sky Capital and PI Capital Limited.
The startup's valuation is $5 million. The investments will be directed at scaling the business in Uzbekistan and Azerbaijan, and creating more efficient and profitable products in Kazakhstan.
Bank4.me is a web service for independent purchase of goods on installment or credit. Bank4.me aims to make the process of obtaining loans simple and accessible to everyone.
Source: @bank4.me
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