smartphone-financing
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Trustonic bets on the phone that can lock itself
A phone that stops working after a missed payment is a powerful incentive. Trustonic is turning that control into a business built around smartphone credit, as its old secure operating system reaches the end of the road.
Asif Jafri
Asif Jafri is the Founder and CEO of Kistpay, a Shariah-compliant smartphone and laptop financing platform bridging the digital divide across Pakistan, Bangladesh, Mexico, Thailand, Africa, and the UAE. With 27+ years of combined corporate and entrepreneurial experience spanning banking, telecoms, and consumer goods, he has built Kistpay into a globally recognized venture - winning the IsDB Pitch Competition 2024, earning GSMA Top 10 finalist status, and speaking alongside world leaders at the World Bank Global Digital Summit. His mission: connect the next billion people to the internet through affordable device financing, with a particular focus on women's economic empowerment.