Qist Bazaar, a trailblazing marketplace that makes a vast array of products—from mobile phones and LED TVs to bikes, laptops, washing machines, and more—accessible to all Pakistanis, has reached an exciting milestone with a funding round of PKR 800,000,000. This significant investment not only underlines investor confidence in Qist Bazaar’s innovative business model, but it also sets the stage for an exciting new chapter in the company’s journey of financial inclusion and empowerment. With over 30 years of historic data across 250,000+ individuals, Qist Bazaar has revolutionized the process for conducting installment-based purchases. Their simple and inclusive eligibility criterion—“Every Pakistani”—opens doors for those often sidelined in conventional financial systems, including individuals with little to no formal financial history as well as those banking with established institutions.
The fresh injection of funds will be dedicated to the further expansion of Qist Bazaar’s diverse product categories and infrastructure. This means enhanced technology, increased inventory, and broader access to more household and essential products. The company is committed to continuously adding new product categories, ensuring that every customer—from the tech-savvy youth to families setting up their first home—can enjoy high-quality goods through affordable monthly payments. Moreover, this funding will drive the development of advanced credit-scoring mechanisms, leveraging historic data to provide smarter, more responsive financing options. With this financial boost, Qist Bazaar is poised to accelerate its mission of creating an inclusive marketplace that transforms shopping into a seamless, empowering experience for every Pakistani.
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