# KalPay

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

- Industry: Financial Services
- Headquarters: Lahore, Pakistan
- Website: www.kalpayfinancials.com
- Total disclosed funding: $0.1M
- Latest round: Seed (Aug 3, 2022)
- Investors on record: 1

## About

Based in Lahore, Pakistan, and founded in 2021 by Ibrahima Kane (CEO), KalPay is a financial services company that offers a simple payment method for buying phones with monthly installments. In September 2022, KalPay raised USD 150,000 in seed funding from SOSV.

KalPay offers customers to buy smartphones on credit and allows them to pay later with three monthly installments. The company provides brands such as Samsung, techno, infinix, and itel. Furthermore, the firm follows Shariah financing rules that enable easy monthly installments for mobile phones.

## Funding rounds

- Seed, Aug 3, 2022, $0.1M — SOSV

## Investors

- SOSV (https://capitalatlas.ai/funds/sosv) — Seed