Biography of Shershah Hassan: Founder & CEO of KalPay- Entrepreneur
Shershah Hassan: A Visionary Entrepreneur
Shershah Hassan is an inspiring entrepreneur and finance
enthusiast who has reshaped the financial landscape of Pakistan. A graduate of
Lahore University of Management Sciences (LUMS) with a degree in Accounting and
Finance, he began his journey with a passion for driving change in underserved
communities. During his academic years, he actively participated in various
initiatives, including playing for the LUMS Cricket Team, where teamwork and
strategy became integral parts of his ethos.
KalPay: A Groundbreaking Financial Platform
Shershah’s entrepreneurial spirit took form in 2021 when he
founded KalPay, a groundbreaking digital financing platform. Starting from
scratch, he built KalPay into Pakistan’s largest Shariah-compliant Buy Now Pay
Later (BNPL) service. The platform addresses the financial needs of everyday
users, offering them access to products, services, and education through
innovative financing options. By providing convenient and ethical payment
solutions, KalPay has made a profound impact on its users’ lives.
Empowering the Underserved through Financial Inclusion
The core vision of KalPay lies in promoting financial
inclusion for underbanked and unbanked communities. Shershah recognized the
gaps in traditional financial systems and developed a digitized lending model
to bridge these divides. Through KalPay Rasayi for products and KalPay Taleem
for education, the platform has empowered thousands, creating opportunities for
economic growth and personal development. This mission-driven approach is a
cornerstone of his leadership.
Scaling KalPay: Revolutionizing Access to Credit
As KalPay scaled its operations, it became the largest BNPL
portfolio in Pakistan. The startup disbursed hundreds of millions of rupees in
loans, enabling customers to access productive assets such as smartphones and
skill development courses. Shershah’s vision of financial wellness through
accessible credit is revolutionizing how Pakistan’s underserved population
interacts with the financial system.
Mentoring the Next Generation of Entrepreneurs
Shershah’s impact extends beyond entrepreneurship. He
actively mentors startups through platforms like the Founder Institute and
Innovate47. Sharing his expertise, he helps emerging businesses launch,
strategize, and grow sustainably. His role as a faculty member at the Centre
for Continuing Education Studies (CES) at LUMS further reflects his dedication
to fostering innovation and nurturing future leaders.
Building the Entrepreneurial Ecosystem in Baluchistan
At the National Incubation Center (NIC) in Quetta, Shershah
serves as a training consultant, imparting knowledge and skills to budding
entrepreneurs in Baluchistan. By supporting startups in underserved regions, he
continues to drive his mission of inclusivity and empowerment. His commitment
to enabling others is a testament to his belief in collective progress.
Biography of Shershah Hassan: Founder & CEO of KalPay- Entrepreneur/Shariah-compliant Buy Now Pay Later (BNPL) services/financial solution/KalPay stor
Global Recognition: Forbes 30 Under 30 Asia
Shershah’s remarkable journey has earned him global
recognition. In 2023, he was featured in Forbes 30 Under 30 Asia, acknowledging
his contributions to fintech and financial inclusion. This honor highlights his
achievements in reshaping Pakistan’s financial ecosystem and his relentless
pursuit of innovation.
KalPay’s Vision for Financial Empowerment
KalPay is not just a fintech solution; it is a beacon of
hope for those seeking financial independence. The platform envisions enabling
education, income generation, and economic growth for Pakistan’s underbanked
population. Through ethical financing, KalPay is creating pathways for a better
future, aligning with Shershah’s commitment to societal impact.
Leading with Empathy and Innovation
Shershah’s leadership is driven by empathy and innovation.
His journey reflects the power of combining technology with purpose, addressing
real-world challenges to bring about meaningful change. With KalPay and his
other initiatives, he continues to lead the charge toward a more inclusive
financial landscape in Pakistan.
A Legacy of Transformation and Impact
Through determination and vision, Shershah Hassan has become
a symbol of hope for many, proving that innovation can create tangible, lasting
impact. His story is a narrative of transformation—one where passion, purpose,
and persistence pave the way for a brighter, more inclusive future.
Timeline for Shershah Hassan's Journey
2015-2019: Graduated from Lahore University of Management
Sciences (LUMS) with a degree in Accounting and Finance, while actively
participating in various academic initiatives like the LUMS Cricket Team.
2021: Founded KalPay, a digital financing platform offering
Shariah-compliant Buy Now Pay Later (BNPL) services, beginning a mission to
provide ethical financial solutions.
2021-Present: Developed KalPay into Pakistan's largest BNPL
service, helping underserved communities access essential products, services,
and education through innovative financing.
2022: Expanded KalPay’s reach to underbanked and unbanked
communities, introducing KalPay Rasayi for products and KalPay Taleem for
education.
2022: Oversaw the scaling of KalPay, disbursing millions in
loans to help customers access productive assets and skill development courses.
2022-Present: Mentors emerging startups through platforms
like Founder Institute and Innovate47, offering guidance on launching and
scaling businesses.
2023: Served as a training consultant at the National
Incubation Center (NIC) in Quetta, supporting entrepreneurial growth in
Baluchistan.
2023: Earned global recognition by being featured in Forbes
30 Under 30 Asia for contributions to fintech and financial inclusion.
2024: Continues to drive KalPay's vision of empowering
Pakistan's underbanked population through financial independence, education,
and economic growth.
2024: Leads with empathy and innovation, inspiring
transformation in Pakistan's financial landscape and supporting a more
inclusive future.