Andreessen Horowitz Backs Startup Exploring Stablecoins in Pakistan

Andreessen Horowitz Backs Startup Exploring Stablecoins in Pakistan

Andreessen Horowitz is leading funding for a year-old startup that seeks to popularize the use of stablecoins through neighborhood stores in Pakistan and other emerging countries.

A16z leads $12.9M round for ZAR to bring stablecoins to Pakistan’s unbanked - WorldNL Magazine

Fintech startup ZAR aims to use Pakistan’s corner stores and kiosks to make stablecoins accessible to millions of unbanked citizens. Venture capital giant Andreessen Horowitz (a16z) is leading a $12.9 million funding round for ZAR, a one-year-old fintech startup aiming to make dollar-backed stablecoins accessible to everyday consumers in Pakistan and other emerging markets.The round drew participation from Dragonfly Capital, VanEck Ventures, Coi…

ZAR Raises $12.9 Million to Bring Stablecoin Payments to Pakistan

Stablecoin-focused startup ZAR reportedly raised $12.9 million in new funding to test dollar-backed digital tokens in Pakistan.

a16z leads funding for Pakistan stablecoin startup

a16z leads a funding round for a startup that is exploring the use of stablecoins in Pakistan and other emerging countries through neighborhood stores. According to a recent report from Bloomberg, Andreessen Horowitz is spearheading funding for a fairly new…

A16z leads $12.9M round for ZAR to bring stablecoins to Pakistan’s unbanked

ZAR, backed by a16z and major crypto investors, aims to bring dollar-backed stablecoins to Pakistan’s unbanked through local shops, kiosks, and mobile agents.

Stablecoin startup ZAR raised $12.9M led by a16z to test USD-backed coins for Pakistan, which the World Bank estimates has the third-largest unbanked population

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