Bazaar buys payments firm Keenu and says profit is quarters away
Karachi's best funded startup has completed its purchase of the State Bank licensed wallet and point of sale company, folding payments into its commerce platform.
Bazaar Technologies
Karachi based ecommerce and financial services company that began in June 2020 as a procurement marketplace for kiryana stores, added the Easy Khata digital ledger and merchant credit, and in July 2025 completed the acquisition of the State Bank licensed payments company Keenu. It has raised more than $100 million from investors including Tiger Global, Dragoneer, Defy Partners and Wavemaker Partners.
Karachi, founded 2020 Website
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How Bazaar went from a Karachi kiryana app to Pakistan's best funded startup
Four rounds in 21 months, a free ledger that pulled in millions of shops, and a 2025 payments acquisition. Bazaar's route to the top of Pakistan's funding table.