Fintech Qisstpay Planting Its Roots into the U.S Market

QisstPay, a Pakistani company, is expanding from South Asia to North America by introducing an online purchasing service that will be used by shops.

By releasing its one-click checkout solution, the buy-now, pay-later firm is expanding to the United States and regional markets, according to Jordan Olivas, CEO. QisstPay expects to hire more than 200 people by the end of this year.

Bolt Financial Inc., a competitor, rose $355 million this year to lift its valuation to $11 billion, capitalizing on an e-commerce boom that accelerated during the pandemic, driving shoppers online as many brick-and-mortar stores in the United States closed temporarily or permanently.

“The strategy will create hundreds of employment in Pakistan, and the goal is to become one of the country’s first unicorns,” Olivas stated.

In addition, QisstPay has built an office in Bangladesh in preparation for its market launch.