Karachi-based Abhi Raises a $17M Series Led By Speedinvest with a $90M Valuation and 650K Users (Faseeh Mangi/Bloomberg)

Abhi, a Karachi-based money lending app company, raises a $17M in Series A accompanied by Speedinvest with a $90M valuation. The company offers loans to SMBs and people and claims that it has 650 thousand users. Abhi has managed to reach the $90M valuation within one year after it was born.

Read the full story here. (Faseeh Mangi/Bloomberg)

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