# Bank Alfalah

> Bank Alfalah is a VC fund in Karachi backing Financial Services and Apps. See 8 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Karachi, Pakistan
- Total investments: 8
- Last investment: Oct 2025
- Lead investor: 63%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/bank-alfalah-limited/
- X (Twitter): https://www.twitter.com/bankalfalahpak
- Website: https://www.bankalfalah.com/
- Facebook: https://www.facebook.com/BankAlfalahOfficial/

Bank Alfalah is a VC fund in Karachi focused on Financial Services and Apps. Bank Alfalah provides financial solutions to consumers, corporations, institutions, and governments. They offer corporate and investment banking, consumer banking and credit, securities brokerage, commercial, agri-finance, and asset financing solutions.

## Contacts

5 contacts available for Bank Alfalah. Shizune tracks 4 team members at Bank Alfalah. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/bank-alfalah?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Post-IPO Debt | $2.7M–$80M |
| Debt Financing | $1.6M–$11M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Financial Services | 2 | 25% |
| Apps | 1 | 13% |
| Solar | 1 | 13% |
| AgTech | 1 | 13% |
| Energy | 1 | 13% |

21 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Post-IPO Debt | 2 | 25% |
| Debt Financing | 2 | 25% |
| Series A | 1 | 13% |
| Private Equity | 1 | 13% |
| Corporate Round | 1 | 13% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Pakistan | 4 | 50% |
| United Arab Emirates | 1 | 13% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Anjum Hai | Chief Financial Officer | 0 | https://shizune.co/investors/profile/anjum-hai |
| Atif Bajwa | Founder & CEO | 2 | https://shizune.co/investors/profile/atif-bajwa-9eaf |
| Faisal Rabbani | Chief Risk Officer - CRO | 0 | https://shizune.co/investors/profile/faisal-rabbani-bd02 |
| Mohib Khan | Chief Information Officer & IT Group Head | 0 | https://shizune.co/investors/profile/mohib-khan-181e |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Amreli Steel | Amreli Steels is a company that specializes in steel rebars and steel billets. | $79.8M | Post-IPO Debt | Oct 14, 2025 |  |
| Matco Foods | Matco Foods is the largest basmati rice exporter. | $2.7M | Post-IPO Debt | Feb 28, 2025 |  |
| Qist Bazaar | QistBazaar is an e-commerce platform dedicated to improving the standard of living for the average Pakistani by making things easily available at affordable monthly installments.Qist Bazaar caters to everyone, from individuals with little to no formal financial background to those who bank at major institutions. Products available on Qist Bazaarinclude Bikes, Mobile Phones, LED TVs, Laptops, Washing Machines, Air Conditioners, Refrigerators, and other Kitchen Appliances, with new categories being added on a daily basis. | $1.6M | Debt Financing | Feb 14, 2025 |  |
| Qist Bazaar | QistBazaar is an e-commerce platform dedicated to improving the standard of living for the average Pakistani by making things easily available at affordable monthly installments.Qist Bazaar caters to everyone, from individuals with little to no formal financial background to those who bank at major institutions. Products available on Qist Bazaarinclude Bikes, Mobile Phones, LED TVs, Laptops, Washing Machines, Air Conditioners, Refrigerators, and other Kitchen Appliances, with new categories being added on a daily basis. | $197K | Series A | Feb 14, 2025 |  |
| Jingle Pay | Jingle Pay empowers you with an AED account, free of fees and zero-commitments, to reliably store, spend, and send money to 160+ countries, in 99+ currencies, at the best exchange rates globally. Jingle Pay offers multi-currency accounts, card payments, International money transfers, peer 2 peer payments (pay, request, splitting bills), andanalytics. |  | Private Equity | Jan 09, 2025 |  |
| Shams Power | Shams Power, a joint venture of two of Pakistan’s leading energy companies (PITCO and Orient Operating Company), offers you economically priced solar power for the next 15-25 years, on a Build Operate Own and Transfer basis. We offer a complete range of solar energy services to commercial and industrial sector customers across Pakistan and handleevery aspect of solar power installations—including financing, technology evaluation, engineering and design, construction, monitoring, and ongoing maintenance. | $5.2M | Debt Financing | Jan 14, 2024 |  |
| Qist Bazaar | QistBazaar is an e-commerce platform dedicated to improving the standard of living for the average Pakistani by making things easily available at affordable monthly installments.Qist Bazaar caters to everyone, from individuals with little to no formal financial background to those who bank at major institutions. Products available on Qist Bazaarinclude Bikes, Mobile Phones, LED TVs, Laptops, Washing Machines, Air Conditioners, Refrigerators, and other Kitchen Appliances, with new categories being added on a daily basis. | $1.8M | Corporate Round | May 05, 2023 |  |
| Shams Power | Shams Power, a joint venture of two of Pakistan’s leading energy companies (PITCO and Orient Operating Company), offers you economically priced solar power for the next 15-25 years, on a Build Operate Own and Transfer basis. We offer a complete range of solar energy services to commercial and industrial sector customers across Pakistan and handleevery aspect of solar power installations—including financing, technology evaluation, engineering and design, construction, monitoring, and ongoing maintenance. | $11.3M | Debt Financing | Dec 01, 2021 |  |

8 of 8 investments shown.

## Co-investors
- [GuarantCo](https://shizune.co/investors/profile/guarantco) — VC Fund, 2 deals together
- [Askari Bank](https://shizune.co/investors/profile/askari-bank) — VC Fund, 1 deal together
- [Faysal Bank](https://shizune.co/investors/profile/faysalbank) — VC Fund, 1 deal together
- [Habib Bank](https://shizune.co/investors/profile/habib-bank-limited) — VC Fund, 1 deal together
- [Meezan Bank](https://shizune.co/investors/profile/meezan-bank) — VC Fund, 1 deal together

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## FAQ

### What does Bank Alfalah invest in?

Bank Alfalah invests primarily in Financial Services, Apps and Solar startups, most often at Post-IPO Debt and Debt Financing stage. Most of the 8 investments tracked by Shizune back companies in Pakistan. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Bank Alfalah's check size?

Bank Alfalah typically joins rounds of $2.7M–$80M at Post-IPO Debt and $1.6M–$11M at Debt Financing. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Bank Alfalah participates in.

### How do I contact Bank Alfalah?

Public channels for Bank Alfalah include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Bank Alfalah?

The team at Bank Alfalah includes Anjum Hai (Chief Financial Officer), Atif Bajwa (Founder & CEO) and Faisal Rabbani (Chief Risk Officer - CRO). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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