Oraan
Digitized Pakistan's women-led savings committees (ROSCAs) into a regulated product.
Women-first fintech digitizing ROSCAs.
The facts
| Category | traditional · women |
| HQ | Karachi, PK |
| Founded | 2018 |
| Custody | Custodial |
| Regulation type | Other / mixed |
| License detail | SECP-registered; NBFC (non-bank finance company) license from SECP Pakistan for lending; digital ROSCAs |
| Card | No card |
| Yield | Committee-based savings |
| Stablecoins | No |
| KYC | Yes |
| Active regions | Asia |
| Founders | Halima Iqbal, Farwah Tapal |
Verified links: official site ↗
Common questions about Oraan
What is Oraan?
Oraan is a fiat neobank built for women, headquartered in Karachi, PK and founded in 2018. Your money is held custodially, so Oraan or its partner bank holds the balance and you hold a claim on it. Its regulatory structure is mixed (SECP-registered; NBFC (non-bank finance company) license from SECP Pakistan for lending; digital ROSCAs).
Does Oraan have a card, and where can you use it?
It issues no card of its own. It is available in Asia.
Does Oraan require KYC?
Yes. Oraan requires identity verification (KYC) to open an account, as a other / mixed.
What does Oraan cost?
From the verified fields: yield Committee-based savings. Cashback and yield are "up to" figures that change constantly and often depend on a paid plan — confirm current terms with Oraan before relying on them.
Peers
Wise · KakaoBank · WeBank · bKash · Maya · GCash
Oraan appears in
Neobanks available in Asia (132) · Neobanks with no card of their own (67)
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.