Islamabad – U Microfinance Bank (U Bank) and Yousuf Dewan Companies have entered into a strategic collaboration aimed at providing innovative financing options to make the ownership of electronic vehicles (EVs) more accessible and affordable for customers. The Memorandum of Understanding (MoU) was signed recently at a ceremony in Islamabad by Mr. Mohamed Essa Al […]
DealCart, a pioneering social e-commerce startup, has successfully raised $3 million in a Seed funding round led by Shorooq Partners and Sturgeon Capital. The funding round also saw participation from 500 Global, Evolution VC, Rayn Capital, and Khyber Venture Partners. This capital infusion will bolster DealCart’s mission to expand its reach and provide affordable essential […]
In a groundbreaking move to enhance healthcare accessibility, Sehat Kahani and IGI Life Insurance Limited have officially signed an agreement that promises to transform the healthcare experience for IGI Life policyholders. This strategic partnership will offer digital healthcare services, providing policyholders with instant access to general physicians and specialized care. The collaboration leverages cutting-edge technology […]
In a significant move to transform merchant and retailer payments in Pakistan, Raast, the country’s groundbreaking instant payment system, is expanding its reach through an innovative pilot program. This initiative, backed by Karandaaz Pakistan with the support of the State Bank of Pakistan (SBP), aims to onboard tier 2 and 3 retailers onto the Raast […]
ABHI has joined forces with EduFi to introduce the ‘Study Now, Pay Later’ initiative, offering a seamless solution for ABHI users to manage their children’s education expenses. This innovative program leverages Earned Wage Access (EWA) to allow users to spread the cost of education fees over convenient installments ranging from 3 to 12 months. The […]
In a significant leap towards modernizing financial services, The Bank of Punjab has partnered with Sui Northern Gas Pipelines Limited (SNGPL) to introduce a cutting-edge, real-time digital billing solution. This collaboration is set to streamline and enhance the efficiency of billing services, offering seamless and instantaneous transaction processing. The innovative partnership aims to revolutionize the […]
Dukan and The Vertical have announced the signing of a Memorandum of Understanding (MoU) aimed at transforming customer touchpoints and establishing a groundbreaking digital-first experience for tenants. This collaboration will automate invoicing, payments, collections, and property management services, setting a new benchmark in the real estate industry. The MoU was signed by Monis Rahman, CEO […]
Karachi, Pakistan – Premier Code (Pvt.) Limited, a trailblazer in technology solutions under the brand DCODE, proudly announces its strategic partnership with Bank Alfalah Limited, a leading banking institution in Pakistan. This collaboration signifies a major advancement in fostering local manufacturing and enhancing banking services across the nation. DCODE is set to become one of […]
Karachi, Pakistan – Raqami Islamic Digital Bank, an emerging leader in Islamic digital banking in Pakistan, has chosen BenchMatrix’s proprietary RiskNucleus®️ solution for its Anti-Money Laundering (AML) transaction monitoring. This decision marks a significant step forward in leveraging advanced technology and automation for enhanced financial crime detection. RiskNucleus®️, developed by BenchMatrix, is a comprehensive platform […]
U Bank and EmployMate HR Services (SMC Pvt. Ltd.) have entered into a strategic partnership to provide comprehensive branchless banking solutions for payroll management, disbursals, and other financial services. The collaboration aims to enhance the efficiency and convenience of financial operations for EmployMate and its clients. The Memorandum of Understanding (MoU) was signed at a […]