TTB Partners has invested in KTrade, a leading fintech retail trading app in Pakistan, as part of a USD 4.5 million funding round aimed at democratizing access to financial markets for retail investors.

Information on the Target

TTB is excited to announce its investment in KTrade, a cutting-edge fintech retail trading application developed by KASB Securities, Pakistan's leading stock brokerage. TTB joins a USD 4.5 million funding round with other global investors including HOF Capital from New York and notable figures such as Christian Angermayer and David Mortlock, as well as distinguished Pakistani business families.

KTrade offers retail investors effortless access to financial markets, aligning its services with international counterparts like XP in Brazil, Zerodha and Groww in India, Tiger in China, Flatex in Germany, and Robinhood in the United States. Since its inception in 2019, KTrade has attracted over 200,000 users and has set an ambitious goal to engage 10 million Pakistanis, both domestically and in the diaspora, by 2023 to invest in diverse asset classes, such as stocks, bonds, commodities, and mutual funds through its user-friendly mobile platform.

Industry Overview in Pakistan

The Karachi Stock Exchange Index (KSE100) has experienced a 19% annual growth over the past two decades, reflecting robust market cycles and resilience. Recent regulatory reforms and heightened participation from retail investors have