Company Information

Get to know Udhaar

Founded in 2020, Udhaar is a venture-backed financial technology company dedicated to empowering Pakistan's millions of micro, small, and medium enterprises (MSMEs). The company's core product, the Udhaar Book app, digitizes traditional paper-based bookkeeping (khata), helping business owners track credit/debit transactions, manage inventory, handle staff attendance and payroll, and send payment reminders. By bringing these operations onto a digital platform, Udhaar aims to improve cash flow management, increase financial visibility, and pave the way for MSMEs to access further financial services.

Industry

Technology Software DevelopmentPRIMARY
Financial Other Service

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Udhaar

India

Founded in

2015 (11 Years)

Founded

Last online: No recent activity

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(180 reviews)

Cyprus

2017

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.