back Back

Neem and DNI Group partner to transform finance across emerging markets

By Leandra Monteiro

June 26, 2023

  • Banking-as-a-Service
  • Digital Ecosystems
  • DNI Group
Share

Neem Neem, an embedded finance platform in Pakistan, and DNI group, an investment firm operating across 28 countries, have announced a strategic investment partnership fostering innovation and growth in the embedded finance space.

The partnership entails a significant investment by the DNI Group into Neem, including robust product-led synergies across the wider financial wellness space.

This collaboration represents a strong signal for the embedded finance industry and demonstrates a shared vision for transforming the financial landscape in Pakistan. Neem’s financial infrastructure and Banking-as-a-Service (BaaS) capabilities enable digital platforms to provide comprehensive embedded financial services to their underserved customers.

“DNI is excited to partner with the high-quality, like-minded individuals at Neem operating in a vibrant, growing economy,” said Ross Venter, CEO of DNI’s technology arm, Digital Ecosystems. “Neem’s goal of providing financial wellness to the Pakistani market aligns with DNI’s own objectives around empowering people and enhancing financial and digital inclusion. Through DNI’s strategic investment into Neem, we hope to fast-track the development, exchange, and commercialisation of our respective technologies for the benefit of consumers within our global communities.”

The partnership between DNI Group and Neem is aimed at advancing financial wellness, particularly for underserved communities. Neem’s Financial Wellness thesis, which enables businesses and individuals to take control of their financial lives, will be further strengthened by this collaboration. Neem has already established product partnerships with several DNI Group portfolio companies, including Airvantage in the airtime lending space and Paymenow in the earned wage access sector.

“The partnership and investment from DNI Group, a team of seasoned operators with global expertise, serve as a powerful testament. It showcases their confidence in the embedded finance model, our Neem team’s strong execution capabilities, and, above all, our shared vision of empowering Financial Wellness for communities in Pakistan and across emerging markets worldwide. We are excited about this major milestone in our journey at Neem” said Vladimira Briestenska, co-founder of Neem.

Previous Article

June 26, 2023

SmartMetric announces the adoption of biometric credit cards by Visa and MasterCard

Read More
Next Article

June 26, 2023

Why digital remittances are needed to boost Egypt’s economy

Read More






IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

June 18, 2025

UGRO Capital acquires Profectus to scale MSME lending

Read More

May 26, 2025

Groww files confidential papers for IPO, eyes up to $1bn valuation

Read More

May 26, 2025

Acorns acquires EarlyBird to deepen focus on family financial wellness

Read More

Related Reports

Sales League Table Report 2025
Know More
Global Digital Banking Vendor & Landscape Report Q1 2025
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
Know More
Intelligent Document Processing in Financial Services Q2 2025
Know More
Treasury & Capital Markets Systems Report Q1 2025
Know More