Islamaba May 8, 2026 – easypaisa digital bank delivered a record-breaking quarter, further strengthening its leadership as Pakistan’s first digital retail bank. For the quarter ended March 31, 2026, the Bank reported a profit after tax (PAT) of PKR 1.49 billion and earnings per share (EPS) of Rs. 2.47, while profit before tax (PBT) reached […]
Pakistan’s digital payments ecosystem witnessed significant growth in 2025, with transactions processed through the State Bank of Pakistan’s instant payment system, RAAST, reaching nearly Rs. 50 trillion, according to the central bank’s latest Financial Stability Review. The report revealed that RAAST’s user base expanded to 48 million individuals, reflecting widespread adoption of instant digital payments […]
Islamabad: Speaking at a panel discussion titled “How Digital Banks Can Thrive in the New Era?” at Money20/20 Asia in Bangkok, alongside digital banking executives and industry leaders, Farhan Hassan, Chief Digital Officer at easypaisa digital bank, said Pakistan’s digital banking transformation has been driven by a series of regulatory, technological, and market-led interventions rather […]
Nova Finance has announced the launch of Salary On Time, a payroll financing solution designed to help businesses manage short-term cash flow challenges while ensuring timely salary disbursements for employees. The launch comes amid growing recognition of working capital constraints faced by businesses across industries. Delayed receivables, fluctuating demand cycles, and operational costs often create […]
Lahore, May 04, 2026 – Jubilee Life Insurance, the country’s largest private sector insurance company, Kashf Foundation and United Nations Development Programme (UNDP) jointly launch the “Khushal Mustaqbil Takaful (KMT),” an innovative micro-savings and protection product designed to strengthen the financial resilience of women from underserved communities. The strategic collaboration was formalized at the Kashf […]
Karachi, Pakistan — April 28, 2026 — AGO today announced its official expansion into the Pakistan market, introducing its advanced AI-driven tools and Sales & Marketing services aimed at helping small and medium-sized enterprises (SMEs) connect with international clients, generate high-quality leads, and close deals more effectively. With a growing global footprint spanning four continents […]
Partnership to enhance remittance services with faster processing, improved security, greater transparency, and convenience for overseas Pakistanis. The Bank of Punjab has entered into a strategic Memorandum of Understanding with Stacks, marking an important step toward transforming Pakistan’s remittance landscape and strengthening the country’s digital financial ecosystem. The MoU was signed by Mr. Muneeb Ali, […]
Ahead of the launch of KSA-1, MPE will serve as the global commercial application layer for financial services delivered on SpaceBelt KSA’s sovereign low-Earth orbit constellation. RIYADH, KINGDOM OF SAUDI ARABIA — April 21, 2026: MPE Solutions Inc. (“MPE” / “Modern Pay Engine”) today announced that it has entered into an agreement with SpaceBelt KSA […]
Karachi, April 20th, 2026: DIB Pakistan and Pocket Money have entered a strategic partnership to enable seamless US Dollar-to-Rupee cashouts across Pakistan, bringing a new level of speed, compliance, and convenience to both cross-border home remittances, and international transactions for freelancers. This partnership marks a significant milestone in Pakistan’s digital financial landscape, by combining DIB […]
The Securities and Exchange Commission of Pakistan (SECP) has granted a Non-Banking Finance Company (NBFC) license to Coco Tech Pakistan, a subsidiary linked to Alibaba Group, enabling it to roll out Buy Now, Pay Later (BNPL) services in the country. The development marks Alibaba’s formal entry into Pakistan’s regulated fintech and e-commerce-linked financial services sector. […]