Oraan operates a digital platform that digitises traditional women-led savings circles, enabling users to access savings, credit and fractional gold. Founded in 2018, the company serves millions of women who rely on informal savings networks in lieu of traditional banking. Oraan has developed products around committees and fractional gold and has begun licensing its savings and credit platform to a regional bank. The company secured fresh investment from Epic Angels alongside returning investors Wavemaker and i2i Ventures to expand its product suite and enter new markets. Oraan plans to use the funding to grow its committees and gold offerings and to expand its technology into additional markets. The licensing deal indicates a strategy to extend its model beyond Pakistan.

Total raised

$3M

Funding rounds

2

Latest round

Seed

Latest activity

Sep 2021