Alibaba-backed BNPL firm gets SECP licence
Koko Tech to tap in to consumer financing for youth, freelancers and small businesses ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has granted a licence to Koko Tech Pakistan (Private) Limited (KTPL) to operate a Buy Now Pay Later (BNPL) business in Pakistan, according to an official statement issued on Tuesday. KTPL is owned by Alibaba.com Holdings,…