AdalFi has announced two senior appointments that signal aggressive growth from Pakistan into wider MEA markets. The company has hired Ian Read as Head of Credit Excellence and Emre Unlusoy as Head of Sales for MEA. The move aligns with rising demand for modern credit infrastructure as banks in Pakistan pursue faster digital onboarding and […]
Pakistani startup Bookme partners with Saudi rewards giant Resal, eyes one million users in Kingdom
Bookme, a Pakistani e-ticketing platform, offers online bookings for flights, hotels, movies and events The company entered Saudi Arabia in 2024, aims to generate $20 million annually from expansion in Kingdom ISLAMABAD: Bookme, a Pakistani e-ticketing startup, said on Sunday it aims to reach one million subscriber base in Saudi Arabia this year after signing […]
TPL Corp Board Grants Approval for VEON Group’s Acquisition of TPL Insurance
KARACHI: The Board of Directors of TPL Corp Limited has granted in-principle approval for VEON Group’s proposed acquisition of TPL Insurance Limited, a subsidiary of TPL Corp. According to a notification to the Pakistan Stock Exchange (PSX), the approval was given during a board meeting held earlier today. The board also authorized the company to […]
CDC Onboards JS Global Capital Limited to RAAST Aggregator, Expanding Real-Time Digital Fund Transfers
Karachi, 8 September: The Central Depository Company of Pakistan (CDC) has successfully integrated JS Global Capital Limited into its RAAST Aggregator Platform, marking another milestone in enabling secure and instant investor fund transfers. This strategic initiative further advances CDC’s mission of fostering digitalization, transparency, and operational efficiency in Pakistan’s capital market. The formal signing ceremony was […]
Faysal Bank and OPay Cross PKR 100 Billion Milestone in Digital Retail Payments
KARACHI: Faysal Bank Limited (FBL), in collaboration with its China-based fintech partner OPay, has surpassed a major milestone by processing over PKR 100 billion in digital retail payments within a short span of time. The achievement highlights Faysal Bank’s progressive strategy to strengthen its position in Pakistan’s digital payments landscape and accelerate the shift toward […]
ALIBABA.COM PARTNERS WITH MINISTRY OF IT & TELECOM PAKISTAN TO ACCELERATE DIGITAL TRADE AND SME GROWTH
Alibaba.com, a leading global B2B e-commerce platform, has entered into a Memorandum of Understanding (MoU) with Ignite – National Technology Fund, under Pakistan’s Ministry of Information Technology & Telecommunication (MoITT), to strengthen Pakistan’s digital economy and expand global opportunities for small and medium-sized enterprises (SMEs) and startups. The MoU was signed in Beijing during 2nd Pakistan-China B2B Investment Conference by […]
SBP Directs Banks to Equip 25% of Branches with Cash Deposit Machines by 2028
KARACHI: In a major step towards digital banking, the State Bank of Pakistan (SBP) has directed banks and microfinance banks (MFBs) to ensure that at least 25 percent of their branch networks are equipped with Cash Deposit Machines (CDMs) by calendar year 2028. The directive is part of SBP’s broader strategy to accelerate self-service banking […]
Bank of Khyber Unveils Mastercard Debit Card Portfolio, Unlocking New Growth Potential
Islamabad, Gulberg Greens — 4th Sep, 2025 The Bank of Khyber (BoK) has officially launched its Mastercard Debit Card portfolio at an exclusive ceremony held at the Bank’s Boardroom in Gulberg Greens. The event was attended by Mr. Hassan Raza, Managing Director & CEO of BoK, along with Senior Management of BOK, & Mr. Arslan […]
Digitt+ Partners with Airalo to Offer Seamless Global Connectivity Through eSIMs
Digitt+, Pakistan’s leading EMI, has announced an upcoming partnership with Airalo, the world’s first and largest eSIM provider, to make international travel smarter, simpler, and more connected for its users. With this integration, Digitt+ users will soon be able to purchase and activate Airalo eSIMs directly through the Digitt+ app, providing access to mobile data […]
VEON Group expresses intention to acquire Pakistan’s TPL Insurance
VEON Group Holding Company Ltd, a subsidiary of the Nasdaq-listed VEON Ltd, has expressed its intention to acquire shares and control in TPL Insurance Limited, marking a possible entry into Pakistan’s insurance sector. The development was disclosed by TPL Insurance Limited in its notice to the Pakistan Stock Exchange (PSX) on Thursday. According to a […]