Fintech News Pakistan - Latest Fintech News, Insights, Analysis and Intelligence from Pakistan.

BankingTech.

Bank of Khyber posts Rs. 1.6 Billion Profit in Q1 2025, Up 108% YoY

By FN Pakistan Staff April 30, 2025 0

Peshawar – April 30, 2025 — The Bank of Khyber (BoK) has announced stellar financial results for the first quarter of the financial year 2025 (Q1FY25), reporting a Profit After Tax (PAT) of Rs. 1.6 billion, marking an impressive 108 percent year-on-year (YoY) increase. The bank’s strong performance was driven by a 45 percent YoY […]

Tokenization.

Dubai-based Fasset Secures Sandbox License to Launch Pakistan’s First Tokenized Gold Solution

By FN Pakistan Staff April 29, 2025 0

Islamabad, April 29, 2025 — Fasset, a leading digital asset platform focused on fostering financial inclusion in high-growth markets, has officially introduced Pakistan’s first gold tokenization solution under a Regulatory Sandbox license approved by the Securities and Exchange Commission of Pakistan (SECP). By leveraging blockchain technology, Fasset’s latest innovation enables secure, transparent, and fractionalized investments […]

Cryptocurrency.

Pakistan Crypto Council Partners With Trump Backed DeFi platform WLF to Boost Crypto Adoption

By FN Pakistan Staff April 27, 2025 0

ISLAMABAD – In a historic move poised to reshape Pakistan’s financial landscape, World Liberty Financial (WLF), the decentralized finance (DeFi) platform backed by former U.S. President Donald Trump, has signed a landmark Letter of Intent (LoI) with the Pakistan Crypto Council (PCC). The agreement aims to accelerate blockchain innovation, stablecoin adoption, and DeFi integration across […]

Startup Funding.

First Pakistani Female-Founded healthtech MedIQ Raises $6 Million in Series A to Expand Across GCC

By FN Pakistan Staff April 30, 2025 0

Islamabad/Riyadh – MedIQ, a pioneering health tech startup founded in Pakistan, has raised $6 million in a Series A funding round to drive its expansion across the GCC region. The round was co-led by Qatar-based Rasmal Ventures and Saudi Arabia’s Joa Capital, with strong follow-on participation from existing investors. Founded in 2020 by physician-turned-entrepreneur Dr. Saira […]

Startup Funding.

UAE’s Fintech startup Metric, founded by Pakistanis, announces 7-figure Seed Round

By FN Pakistan Staff April 17, 2025 0

Source: Business Recorder AI fintech Metric announced a seven figure seed round to grow their offering across the Gulf region and Asia. The company told Business Recorder it is not revealing the exact amount at this stage. Founded in 2022 by Pakistani couple Meenah Tariq and Omar Parvez, along with the company’s CTO Dr Habiba, Metric said in a statement […]

Startup Funding.

Pakistani Supply Chain Fintech haball Raises $52 Million Pre-Series A to Expand Into GCC Market

By FN Pakistan Staff April 8, 2025 0

Haball, Pakistan’s leading supply chain financing and payments fintech, raises a US$52 million pre-Series A funding round comprising equity investment and a strategic financing allocation. The round’s equity component of US$5 million was led by Zayn VC, Pakistan’s premier venture capital firm. Other investors included Majlis Advisory SPV, several leading private investors in KSA, angel […]

Industry Voices.

Mashreq brings Global Best Practices to build an Inclusive Financial Ecosystem, said: CEO, Mashreq Pakistan

By FN Pakistan Staff March 6, 2025 0

Muhammad Hamayun Sajjad, CEO at Mashreq Pakistan, explains how digitalization drives financial inclusion At a time when Pakistan’s overall financial inclusion rate stands at 64%, the country’s rural communities are at the brink of a pivotal turning point. The time seems right for the promise of financial inclusion to transform from a ‘distant dream’ to […]