Pure Platform Secures Operational License in Iraq
Pure Platform eyes tapping into 10 additional countries by June 2024.
Pure Platform, a US and Iraq-headquartered e-commerce company and fintech solution provider has inked an operational license deal in Iraq.[1]
Read More: Logistics Platform Shipsy Acquires Stockone
The International Smart Card Group (ISC), the owner of QiCard, has acquired the renewable license for a substantial seven-figure sum, cementing Pure Platform's position as a key player in the Iraqi market.
This move follows Pure Platform's remarkable growth trajectory in 2023, with sales skyrocketing by over 300% in 2022 and an astounding 600% in 2023.
By the end of 2024, the company anticipates reaching an impressive eight-digit cumulative revenue figure.[2]
Pure Platform relies on technologies and a user-focused interface to provide a seamless e-commerce experience.
The platform effectively connects Iraqi and Saudi customers with sellers across the US, Europe, the Gulf, and Turkey.
Additionally, Pure Platform introduces Bibu, an innovative e-commerce assistant proficient in local Iraqi and Saudi dialects, enhancing the overall customer experience.
Founded in Chicago, USA, in 2019, Pure Platform operates with a dual-purpose directive articulated by its founder, Mohamed Alkhafaji.
Pure Platform eyes tapping into 10 additional countries by June 2024.