Paidax raises $1M to widen retail investing across Central Asia
What's the deal? PaidaxDealroom has a profile for this one. Try Dealroom →, a Central Asia-based digital investment platform, has raised $1 million in an early-stage round led by DOMiNO VenturesDealroom has a profile for this one. Try Dealroom →, with Philip Capital, White Hill CapitalDealroom has a profile for this one. Try Dealroom →, and Aloqa Ventures also participating. The Kazakhstan startup lets users trade global stocks and exchange-traded funds (ETFs).
What's the endgame? Paidax combines market access with investor education and social features that let users follow and learn from other investors' strategies. It also builds tools around Islamic finance principles to reach a specific consumer segment.
By the numbers: The platform has reached 45,000 users and processes $7 million to $9 million in monthly trading volume. Users can access more than 13,000 securities across 26 exchanges worldwide.
What's the endgame? With the fresh capital, Paidax plans to grow its user base, strengthen its position in Central Asia, and expand into global markets. DOMiNO Ventures managing partner Yağız Karadeniz noted the company's target markets are home to more than 90 million people.
The signal: The round stands out as Kazakhstan fintech funding has narrowed, falling from $32 million in 2023 to $8 million in 2025, with capital shifting toward early-stage and niche products. Paidax's bet on social investing and Islamic finance tools mirrors continued investor appetite for specialised, regional finance — echoed by IT Park VenturesDealroom has a profile for this one. Try Dealroom →' $1 million contribution to Ayan CapitalDealroom has a profile for this one. Try Dealroom →'s $4 million round in June 2026.
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Image credit: Artem Beliaikin
