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Qist Bazaar logo — Electronics, Computers and bikes on Installments

Qist Bazaar

Electronics, Computers and bikes on Installments

Founded 2021 Pakistan Karachi, Pakistan 68 employees Corporate Round Total: $500.00M E-Commerce, Financial Services +2

General Information

Company Name Qist Bazaar
Founded Year 2021
Location Pakistan Karachi, Pakistan
Employees 68
Industries E-Commerce, Financial Services, Food and Beverage +1
Funding Stage Corporate Round
Social

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About Qist Bazaar

Qist Bazaar, an E-Commerce and Financial Services startup founded in 2021 in Pakistan, offers a unique proposition with its slogan "Electronics, Computers and bikes on Installments." The company operates as a marketplace, catering to a wide range of customers with its affordable monthly payment options. With a diverse product range from Mobile Phones to kitchen appliances, Qist Bazaar has gained significant traction in a short time. One of the key differentiators for Qist Bazaar is its inclusive approach to customer eligibility, serving individuals with varying financial backgrounds, including those without formal financial history. Leveraging over 30 years of historic data and 250,000+ customers, the company has revolutionized the scoring process for installment-based purchases, making it accessible to "Every Pakistani." In May 2023, the company secured a significant PKR500.00M Corporate Round investment from Bank Alfalah, signaling confidence from a prominent financial institution. This investment not only provides financial backing but also signifies the potential that investors see in Qist Bazaar's business model and market positioning amidst the growing demand for installment-based purchasing in Pakistan. As E-commerce and financial services continue to evolve, Qist Bazaar's ability to adapt and innovate in these industries positions it as a disruptive player with significant growth potential. With continued expansion into new product categories, Qist Bazaar is poised to capture a larger share of the market and solidify its position as a pioneering force in Pakistan’s retail and financial landscape.

Business keywords: instalment purchases, marketplace, affordable monthly payments, financial inclusion, consumer electronics, computers, bikes, mobile phones, LED TVs, laptops, home appliances, credit scoring, consumer finance, inclusive financing, Pakistani market

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Corporate Round PKR500.00M 1
Bank Alfalah
08 May 2023

Qist Bazaar Alternatives & Competitors

Qist Bazaar vs
RedCloud
RedCloud United Kingdom

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Compare Qist Bazaar vs RedCloud
Qist Bazaar vs
Ocyan
Ocyan United Kingdom

Cross-border financial inclusion for everyone. #FinTech #Inclusion

Pre-Seed
2 employees
Data Analytics, Finance
Compare Qist Bazaar vs Ocyan

FAQ About Qist Bazaar

Electronics, Computers and bikes on Installments
Qist Bazaar was founded in 2021.
Qist Bazaar is headquartered in Karachi, Pakistan.
Qist Bazaar operates in E-Commerce, Financial Services, Food and Beverage and Marketplaces. Its work centres on instalment purchases, marketplace, affordable monthly payments and financial inclusion.
Qist Bazaar has approximately 68 employees.
Qist Bazaar has completed 1 funding round, raising a total of $500.00M. The latest funding stage is Corporate Round.
Top alternatives and competitors to Qist Bazaar include RedCloud, Ocyan. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Qist Bazaar and RedCloud are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Qist Bazaar, https://bouncewatch.com/company/qist-bazaar, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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