Karachi, Pakistan – June 2025 — Neem, Pakistan’s leading embedded finance platform, has entered into a multi-faceted partnership with Meezan Bank, Pakistan’s premier Islamic bank, to strengthen its payment infrastructure and co-create a broader financial ecosystem for businesses across Pakistan.
Under this partnership, Neem and Meezan Bank are working together across multiple touchpoints, including payment gateway integration, SoftPOS enablement, direct debit functionality, and other embedded financial services that are tailored to the evolving needs of modern businesses. At the core of this partnership is a shared commitment to building smarter financial infrastructure, going beyond a single product or integration.
We are excited to collaborate with Neem in strengthening Pakistan’s digital payment ecosystem. At Meezan Bank, our focus has consistently been on enabling seamless, secure, and scalable payment solutions. This partnership reflects our ongoing commitment to enabling the growth of modern, Shariah-compliant financial infrastructure that empowers businesses across the country,” said Syed Iftikhar ul Haq, Group Head, Consumer Finance – Meezan Bank.
The integration of Meezan Bank’s Shariah-compliant gateway will enable Neem to accept and process card transactions across the Visa and Mastercard networks, facilitating secure and compliant digital payment acceptance. This will strengthen Neem’s core payments stack, improving uptime, expanding acceptance, and delivering more stable transaction flows for its business partners.
This partnership is a significant step forward in building the financial infrastructure that enables businesses to grow with confidence,” said Nadeem Shaikh, Co-founder of Neem. “By combining Neem’s innovation layer with Meezan Bank’s scale and credibility, we’re opening up access to tools that simplify operations, improve cash flow, and support long-term growth.
Together, Neem and Meezan Bank are building modern financial infrastructure that works for businesses of all sizes, expanding access to stable, scalable digital payments and paving the way for a more connected, cashless future in Pakistan’s business landscape.
About Neem:
Neem is Pakistan’s leading embedded finance platform, providing financial infrastructure to simplify money movement for businesses. Neem enables companies of all sizes to accept, process, and disburse payments through its comprehensive suite of products, including digital payments and a Shariah-compliant Earned Wage Access (EWA) solution that helps businesses support their employees’ financial wellness. Founded by serial entrepreneurs and backed by global investors, Neem is creating a lasting impact within Pakistan’s financial wellness and digital finance ecosystem.
About Meezan Bank:
Meezan Bank is the leading Islamic bank of Pakistan and also one of the largest banks nationwide in terms of branch network as well as deposits. With a network of over 1,050 branches in more than 350 cities, it has the largest Islamic banking network in Pakistan. Meezan Bank has consistently been recognized as the Best Islamic Bank in Pakistan by numerous local and international institutions including its recognition as the ‘Best Bank – 2024’ by Pakistan Banking Awards – the most prestigious award in the country’s financial sector and by Islamic Finance News – Malaysia, Global Finance magazine – New York, Asset AAA – Hong Kong, Asiamoney – Hong Kong, The Banker – United Kingdom, South Asian Federation of Accountants, Islamic Finance Forum of South Asian Awards, – Dawn & IBP Pakistan, Employers Federation of Pakistan and CFA Association – Pakistan. The VIS Credit Rating Company Limited (formerly JCR-VIS Credit Rating Company) has retained the Bank’s entity rating to the highest possible level of ‘AAA/A1+’. This rating denotes the highest possible credit quality, with negligible risk factors, being only slightly more than for risk-free debt of the Government of Pakistan.
