# Dbank

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/dbank

- Industry: Financial Services
- Headquarters: Pakistan
- Website: www.dbank.pk
- Total disclosed funding: $18M
- Latest round: Seed (Jul 28, 2022)
- Investors on record: 5

## About

Founded in 2021 and based in Pakistan, Dbank operates as a financial services company that provides digital retail banking solutions to Pan-Islamic consumers. In July 2022, Dbank raised USD 17.6 million in Seed funding from Kleiner Perkins including Sequoia Capital, Askari Bank, Nu Pagamentos S.A., and Rayn Group. Tania Aidrus and Khurram Jamali are the co-founders of the company.

The company provides access to financial services throughout the Pan-Islamic region, starting with Pakistan, a young graduate in Lahore, a homemaker in Karachi, a community health care worker in Peshawar, or a small business owner in Quetta.

The organization plans to use the July 2022 financing to expand its product offering's market reach in Pakistan.

## Funding rounds

- Seed, Jul 28, 2022, $18M — Kleiner Perkins, Hong Shan, Nu Pagamentos S.A., Askari Bank, Rayn Group

## Investors

- Kleiner Perkins (https://capitalatlas.ai/funds/kleiner-perkins) — Seed
- Hong Shan — Seed
- Nu Pagamentos S.A. — Seed
- Askari Bank — Seed
- Rayn Group (https://capitalatlas.ai/funds/rayn-group) — Seed