Alibaba.com Launches $1 Million Global “CoCreate Pitch” Open to Pakistani SMEs and Entrepreneurs

Alibaba.com Launches $1 Million Global “CoCreate Pitch” Open to Pakistani SMEs and Entrepreneurs

Alibaba.com, a leading B2B e-commerce platform, today announced the newly expanded pitch competition, CoCreate Pitch, which will take place at the company’s annual flagship CoCreate event. The competition will allow global SMEs with product aspirations to compete for a $1 million prize pool. Selected SMEs and entrepreneurs from Pakistan will have the opportunity to participate […]

Pakistan’s Digital Payment Ecosystem Sees Robust Growth in Q3 FY25: SBP Report

Pakistan’s Digital Payment Ecosystem Sees Robust Growth in Q3 FY25: SBP Report

KARACHI – June 26, 2025: The State Bank of Pakistan (SBP) has reported continued momentum in the country’s digital payments landscape, with significant growth in both transaction volumes and value during the third quarter of FY25. According to the central bank’s latest Quarterly Payment Systems Review, retail digital transactions surged by 12% in volume and […]

Meezan Bank and IBA-CEIF Develop Future Islamic Finance Leaders Through Second Cohort of 'Meezan Justuju'

Meezan Bank and IBA-CEIF Develop Future Islamic Finance Leaders Through Second Cohort of ‘Meezan Justuju’

Karachi – June 24, 2025: Meezan Bank, Pakistan’s Premier Islamic bank, has successfully concluded the second batch of ‘Meezan Justuju – A Quest for Islamic Finance Leaders!’, an educational initiative conducted in collaboration with the IBA Centre for Excellence in Islamic Finance (CEIF).  As part of the Bank’s broader CSR commitment, this program is designed to […]

Bykea Enables Digital Payments for Rides, Transforming Cashless Urban Mobility in Pakistan

Bykea Enables Digital Payments for Rides, Transforming Cashless Urban Mobility in Pakistan

Karachi, Pakistan – June 24, 2025 — In a move set to transform the commuting experience across Pakistan, Bykea has officially rolled out digital payments for all rides, enabling millions of users to enjoy a seamless, secure, and cashless way to travel. Starting today, passengers can conveniently pay their Driver Partners using a variety of […]

YC-backed startup Karsa Launches Global Dollar Account for Emerging Markets, Starting with Pakistan

YC-backed startup Karsa Launches Global Dollar Account for Emerging Markets, Starting with Pakistan

Islamabad, Pakistan – June 2025 — A groundbreaking new fintech platform, Karsa, has launched with a mission to provide users in emerging markets with seamless access to the U.S. financial system. Designed for freelancers, families, and savers in countries like Pakistan, Karsa offers a virtual U.S. dollar account that can be opened in minutes — […]

Jazz, British Council, and Tech Valley Join Forces to Expand Digital Learning Across Pakistan

Jazz, British Council, and Tech Valley Join Forces to Expand Digital Learning Across Pakistan

Jazz, Pakistan’s leading digital operator, has signed a strategic Memorandum of Understanding (MoU) with the British Council and Tech Valley – the Google for Education partner in Pakistan – to scale up access to digital education, capacity building, and social development initiatives nationwide. The MoU was signed at a ceremony at Jazz Headquarters and marks the beginning […]

HBL Partners with CRPL to Launch Digital Supply Chain Finance Solution for Businesses

HBL Partners with CRPL to Launch Digital Supply Chain Finance Solution for Businesses

Karachi, Pakistan – June 23, 2025 — Computer Research Private Limited (CRPL) is proud to announce a strategic partnership with Habib Bank Limited (HBL) to deliver a cutting-edge Digital Supply Chain Finance (SCF) Solution tailored for corporate, commercial, and SME clients across Pakistan. The partnership marks a significant milestone in HBL’s journey to digitise financial […]

Only 3% of Pakistan Retailers Accept Digital Payments: SBP

Only 3% of Pakistan Retailers Accept Digital Payments: SBP

Islamabad, Pakistan – Despite significant advancements in Pakistan’s digital payments infrastructure, adoption of point-of-sale (POS) systems among Micro, Small, and Medium Enterprises (MSMEs) remains critically low. According to the latest data from the State Bank of Pakistan (SBP), only 151,000 retailers out of an estimated 5 million MSMEs have installed POS systems—translating to a penetration […]

National Electric Vehicle Policy 2025–30 launched

National Electric Vehicle Policy 2025–30 launched

ISLAMABAD: The government has officially launched the National Electric Vehicle (NEV) Policy 2025–30, aiming to reduce carbon emissions, cut fuel imports, and promote local manufacturing of electric vehicles (EVs). Speaking at the launch, Prime Minister’s Special Assistant on Industries Haroon Akhtar Khan said the policy will not only strengthen Pakistan’s economy but also protect the […]

Jazz Celebrates Pakistan Reaching 200 Million Mobile Subscribers Milestone

Jazz Celebrates Pakistan Reaching 200 Million Mobile Subscribers Milestone

Jazz, Pakistan’s leading digital operator, proudly joins the national celebration as the country crosses the landmark of 200 million mobile subscribers. With over 73 million mobile users, 53 million 4G subscribers, and more than 100 million digital customers across its platforms, Jazz continues to lead the industry in expanding digital access and driving inclusive connectivity. […]