Mahana Wealth, a technology-led investment management company, has secured $2.1 million in a pre-seed round, which was led by Swedish company VEF, SparkLabs Group of South Korea and Hong Kong and local strategic partner IGI Investments.

Backed by Mattias Martinsson, co-founder of Swedish fund manager Tundra Fonder, and other international investors, Mahaana Wealth also recently closed a $2.1-million pre-seed round, which will contribute directly to meeting regulatory capital requirements, the company stated.

Pakistani fintech startup Mahaana Wealth Ltd. raised $2.1 million from venture capital firms VEF AB and SparkLabs Group, as well as local insurer IGI Holdings, riding a surge in investment appetite in the world’s fifth most populous nation.

Paklaunch hosted a webinar for a discussion around AI opportunities and challenges in Pakistan.

Shamoon Tariq, CEO of Mahaana Wealth and a graduate of SECP's Regulatory Sandbox's third cohort, shares his experience with the sandbox.

Paklaunch hosted a webinar for a discussion around AI opportunities and challenges in Pakistan.

In this video, the CEO of Al Hilal Shariah Advisors discusses Mahaana Wealth, Pakistan's first licensed digital-only asset management company and our Shariah-compliant investment products.

Ali Nadim, CEO, IGI Life Vitality talks about the voluntary pension fund and choosing Mahaana as technology and investment partner for the fund

Shamoon Tariq, CEO, Mahaana in conversation with Mattias Martinsson, Chief Investment Officer at Tundra Fonder & Key Adviser of Mahaana Wealth.