In a strategic move to bolster its presence in the financial sector, Pakistan State Oil (PSO) has secured a significant milestone as its fully-owned subsidiary, Cerisma Pvt Limited, receives approval from the State Bank of Pakistan (SBP) to establish an Electronic Money Institution (EMI). The banking regulator has granted an in-principle approval to Cerisma for […]
JazzCash has announced a strategic partnership with the Securities and Exchange Commission of Pakistan (SECP) aimed at bolstering the country’s fintech ecosystem. With a focus on technical advancement, education, and regulatory enhancement, this alliance seeks to empower individuals and businesses across Pakistan. The collaboration between JazzCash and SECP marks a significant step towards advancing financial […]
In a significant move towards revolutionizing fuel management in Pakistan, Gorex Pakistan and My Petroleum Pvt Limited have joined forces in a Memorandum of Understanding (MOU) signing ceremony. Led by the vision of innovation, CEOs Syed Riaz Ud Din of Gorex Pakistan and Tariq Wazir Ali of My Petroleum are set to pioneer a digital […]
In a proactive move to combat the spread of false information, ABS & Co, a prominent law firm in Pakistan, has announced the issuance of ‘instant legal notices’ against individuals responsible for disseminating misleading news concerning M/s Telenor Microfinance Bank Limited, commonly known as Telenor Bank or Easypaisa. The directive, directed at individuals involved in […]
The National Incubation Center, supported by Ignite – National Technology Fund under the Ministry of IT and Telecom Pakistan, has announced the opening of applications for its 2024 cohort. This initiative aims to attract visionary founders with a passion for building impactful companies. Entrepreneurs with innovative ideas and a drive to disrupt industries are encouraged […]
Collaboration to Empower Thousands of Students and Redefine Educational Finance Landscape. In a landmark move in the realm of educational finance, EduFi, an innovative force in the sector, has partnered with the esteemed University of Sialkot to introduce a pioneering ‘Study Now, Pay Later’ (SNPL) option through EduFi’s digital platform. This strategic alliance, combining EduFi’s […]
In a groundbreaking collaboration, Pakistan’s leading digital financial services platform, easypaisa, has partnered with Knorr, Unilever’s foremost food brand, to reshape the digital payments landscape. This strategic alliance marks a significant milestone in efforts to modernize and streamline sampling initiatives, emphasizing the utilization of technology to enhance convenience, accessibility, and affordability in digital payments. Combining […]
The stage is ablaze once more for Pakistan’s brightest minds to illuminate the world of Fintech with their innovative prowess! We are thrilled to announce the much-awaited 3rd edition of the Allied Bank Limited Fintech Hackathon. We extend a warm invitation to all innovators, students, Fintech enthusiasts, entrepreneurs, and aspiring startup founders to participate in […]
In an exciting development, SnappRetail has officially announced its strategic collaboration with Pakistan State Oil (PSO) to introduce cutting-edge technology into PSO Shop Stop outlets, transforming them into contemporary stores equipped with innovative SnappRetail solutions. Effective immediately, customers across the nation can enjoy enhanced convenience as PSO Shop Stop locations now offer seamless access to […]
New guidelines aim to prioritize borrower protection and curb deceptive marketing tactics in the digital lending sector. In a bid to safeguard borrower interests and promote ethical conduct within the digital lending sector, the Securities and Exchange Commission of Pakistan (SECP) has rolled out comprehensive guidelines for Non-banking financial companies (NBFCs) engaged in digital lending […]