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Stock impact report

Daira Partners with Infinix, itel and Tecno to Expand Affordable Smartphone Access in Pakistan [Yahoo! Finance]

FinVolution Group American Depositary Shares (FINV) 
Company Research Source: Yahoo! Finance
Pakistan, itel Pakistan and Tecno Mobile Pakistan to offer Buy Now, Pay Later (BNPL) installment plans for smartphone buyers across the country. Through this collaboration, consumers can purchase quality smartphones through flexible and responsible installment options, significantly lowering the upfront cost of device ownership. The initiative aims to make smartphone upgrades more accessible, particularly for users seeking affordable pathways to essential digital tools. The partnership comes at a critical moment in Pakistan's digital transformation. With nearly half of the country's mobile users still relying on feature phones, smartphone affordability remains a key barrier to broader digital participation. The initiative closely aligns with the Ministry of IT and Telecommunication Pakistan's vision for digital inclusion, including the government's "Smartphone on Installments" program, which seeks to accelerate smartphone adoption and narrow the digital divide. "We are proud to Show less Read more
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