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NayaPay profile

Who owns NayaPay?

traditional · Karachi, PK · E-money institution · custody: Custodial

short answerNayaPay is an e-money institution, not a bank. Customer money is safeguarded in segregated accounts at partner banks rather than held as insured deposits.

Is NayaPay a licensed bank?

No — it is an e-money institution. Licence detail: E-money institution (State Bank of Pakistan EMI licence, 2021).

Where is your money held?

Custody model: Custodial.

No sponsor bank or infrastructure provider is publicly documented for NayaPay yet. Know one? Suggest it.

Who's behind NayaPay?

NayaPay was founded by Danish Lakhani (2019), headquartered in Karachi, PK.

Is my money safe with NayaPay?

As an e-money institution, NayaPay safeguards funds in segregated accounts rather than insuring them as deposits. That protection works differently from a bank — money is generally not covered by deposit-guarantee schemes, though it must be ring-fenced from the company's own funds.

go deeperSee the full NayaPay profile with every verified field, or NayaPay alternatives. Raw fields: data.json.

Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.