At Digitt+, our mission has always been to build secure, inclusive, and innovative digital financial infrastructure that empowers businesses to serve their customers better. Our recent partnership with EZ Wage is a strong example of this vision in action. EZ Wage is revolutionizing financial access for workers and businesses across Pakistan. With the launch of […]
Blessings Made Digital: Karachi Wedding Launches Digital Salami with Swich-Powered Raast QR
Karachi, September 11, 2025, In a first-of-its-kind innovation, a Karachi wedding this weekend introduced digital salami through the State Bank of Pakistan’s Raast QR system, turning a centuries-old cultural tradition into a modern, cashless experience. Guests were invited to bless the newlyweds not with cash-filled envelopes, but by scanning a Raast QR placed by fintech […]
AdalFi crosses $200M in partner lending with 0.2% defaults as Pakistan’s banks scale AI credit
Pakistan’s digital lending stack is evolving fast and AdalFi is at the center of that shift. The company confirms its banking partners have enabled more than $200M in lending with defaults holding at 0.2%. Under the hood, AdalFi’s AI scoring model has processed 1.2B+ transactions and evaluated 30M+ borrowers. The system keeps learning from 50K+ […]
SBP mid-year review: Asset Base of Banking Sector Expands 11% in First Half of 2025: SBP Reports
KARACHI: Pakistan’s banking sector remained resilient and well-capitalised in the first half of 2025, supported by strong deposit growth, contained credit risks, and robust capital buffers, the State Bank of Pakistan (SBP) said in its Mid-Year Performance Review of the Banking Sector (January–June 2025). According to the central bank, the asset base of the sector […]
SBP Directs Banks to Compensate Customers Within Two Days in Case of Data Breach
KARACHI — The State Bank of Pakistan (SBP) has instructed commercial banks and financial institutions (FIs) to compensate customers for any financial losses within two business days if a data security breach occurs. According to the central bank, FIs must take immediate steps to safeguard affected customers from further losses and notify them within 48 […]
BOP Launches Industry’s First Digital Business Loan Solution: “BOP SME Digital Finance”
The Bank of Punjab (BOP), proudly announced the official launch of its state-of-the-art SME lending product, “BOP SME Digital Finance,” at a prominent event held in Karachi. The launch marks a significant milestone in Pakistan’s financial sector, reinforcing the bank’s commitment to nurture inclusive and digitalized financial solutions for small and medium enterprises (SMEs). The […]
AdalFi appoints senior leaders to power digital lending from Pakistan to MEA
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 […]
