Abu Dhabi, UAE –9th of September, 2026: Mal, the world’s first AI-native Islamic financial platform, today opened its global waitlist, just three months after receiving its In-Principle Approval (IPA) from the Central Bank of the UAE. Customers joining the waitlist will receive priority access to Mal’s first product releases and exclusive rewards. Once their account […]
aik by BankIslami launched aik Connect, the country’s first Shariah-compliant Open Banking and Banking-as-a-Service gateway. The platform does away with the old way of onboarding partners, which typically meant weeks of back-and-forth between legal, business and technical teams. Now it happens through one self-serve digital flow. Here’s how it works in practice: a fintech, merchant or […]
Systems Limited’s revenue rose 35% year over year to Rs. 49.72 billion, with Technology and Asia Pacific emerging as the company’s fastest-growing segments and regions. Systems Limited (PSX: SYS) reported a 17 percent year-over-year increase in profit after tax to Rs. 6.05 billion for the first half of calendar year 2026 (1H CY26), supported by […]
Abhi, the region’s neobank of the future, has announced a partnership with NOX Group, a Saudi-based business group, to provide employees with greater financial flexibility through Abhi’s Earned Wage Access (EWA) solution. Through the partnership, NOX Group employees will be able to access a portion of their earned salary in real time before their regular […]
Islamabad, 24 August 2026 – The Board of Directors of easypaisa digital bank has approved the financial statements for the half-year ended 30 June 2026. The Bank reported a robust financial performance, posting a Profit Before Tax (PBT) of PKR 8.26 billion and a Profit After Tax (PAT) of PKR 5.78 billion, representing a 2.27x […]
New global fintech platform to begin operations from Pakistan, with plans to expand across emerging fintech markets worldwide LAHORE, PAKISTAN — August 13 2026: A group of fintech and industry professionals has signed an agreement to launch Nexus Fintech Forum, a global fintech industry platform that will begin its operations in Pakistan before expanding gradually […]
In 2023, HugoBank Limited received in-principle approval (IPA) from the SBP. The State Bank of Pakistan (SBP) has granted pilot operations approval to HugoBank, a Karachi-based digital retail bank. Under this pilot approval, HugoBank will be able to test its products, banking systems, and operational readiness with a limited number of customers in a real-world […]
Pakistan’s financial services industry is undergoing a profound transformation. Customers increasingly expect banking to be digital, accessible and embedded into their everyday lives, while regulators continue encouraging innovation and greater financial inclusion. Meeting these expectations requires more than technology alone, it requires institutions with the financial strength to invest, scale and innovate responsibly. That is […]
Abhi Microfinance Bank, the digital lender majority-owned by Pakistani fintech company Abhi, is preparing to launch an initial public offering (IPO) later this month, aiming to raise between Rs2 billion and Rs3 billion as it seeks to strengthen its capital base and support future growth. The bank plans to offer approximately 14% of its shares […]
Lahore, Pakistan | July 22, 2026 Fintech News Media, People First (Private) Limited, and KOT Enterprises have officially signed a Strategic Joint Venture Agreement (MoU), marking the beginning of a collaborative partnership focused on advancing Pakistan’s fintech ecosystem through innovation, technology, media, business development, and knowledge-sharing initiatives. The partnership brings together three independent organizations, each […]