NayaPay Recognized in the 2024 CB Insights’ List of the 100 Most Innovative Fintech Startups in the World
CB Insights has announced that NayaPay, a prominent E-Money Institution based in Pakistan, has been included in its seventh annual Fintech 100 list, highlighting the 100 most promising private fintech companies globally.
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Laura Kennedy, Principal Analyst at CB Insights, stated, “The 2024 Fintech 100 winners are high-momentum companies shaping the future of financial services. This year’s cohort is utilizing AI across a diverse range of solutions and demonstrating a significant impact in emerging and developing economies, with a focus on areas such as fraud prevention and financial inclusion.”
Danish Lakhani, CEO of NayaPay, expressed his gratitude, saying, “We are deeply honored to be recognized by CB Insights as one of the most promising fintech startups of 2024. This acknowledgment strengthens our resolve to empower millions of unbanked and underserved Pakistani consumers and businesses—enabling them to manage their finances with ease, security, and trust. We will continue to innovate and tailor our offerings to meet the unique needs of Pakistan’s growing digital economy.”
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The Fintech 100 list primarily features early and mid-stage startups driving innovation within the fintech sector. The research team selected the winners based on various CB Insights datasets, including deal activity, industry partnerships, team strength, investor strength, employee headcount, and proprietary Commercial Maturity and Mosaic scores. The team also conducted Analyst Briefings submitted directly by startups.
NayaPay has also recently been recognized in the Forbes Asia 100 to Watch list and awarded Best Fintech at the Pakistan Banking Awards. The company is transforming the way individuals and businesses in Pakistan manage their finances by providing intuitive solutions for everyday transactions and more. Through strategic partnerships with global leaders such as Visa and Alipay+, NayaPay is connecting Pakistanis to the world, driving financial empowerment, and pioneering innovations to meet the evolving needs of its users.
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