Date: January 1, 2025 Devsinc, one of Pakistan’s largest IT companies and a growing global force in technology innovation has announced a 100% acquisition of Alchemative Group, a leader in eCommerce and digital retail solutions. This acquisition marks a strategic step in Devsinc’s mission to deliver transformative technology solutions, strengthening its footprint across key markets, […]
The collaboration MoU with the UAE’s largest Islamic Bank and a globally recognized pioneer in the field of Islamic finance will explore multiple opportunities to introduce Sharia-compliant platforms including tokenized Islamic Sukuks and real-world asset tokenization. Dubai, December 30, 2024 — Crypto.com has announced the signing of a Memorandum of Understanding (MoU) with Dubai Islamic Bank (DIB), the UAE’s […]
SAN FRANCISCO — Elon Musk’s artificial intelligence company, xAI, has secured $6 billion in a Series C financing round, bringing its total funding to $12 billion. This announcement follows a $6 billion raise earlier in May, as reported by TechCrunch on Wednesday. The latest round saw participation from prominent investors including Andreessen Horowitz, BlackRock, Fidelity, Lightspeed, MGX, Morgan Stanley, OIA, […]
Karachi, Pakistan – Careem, the region’s leading ride-hailing platform, has announced a strategic partnership with Pakistan State Oil (PSO) to offer Careem Captains exclusive benefits aimed at simplifying and enhancing their driving experience. Under this collaboration, Careem Captains will gain access to discounted high-quality engine oils from PSO, along with a complimentary top wash service […]
ISLAMABAD – Alibaba.com, a global leader in business-to-business (B2B) e-commerce, has launched its Trade Assurance service in Pakistan, aimed at empowering small and medium-sized enterprises (SMEs) to trade with greater confidence. This makes Pakistan one of the select markets globally where the platform has introduced this valuable service for suppliers. The announcement was made at […]
Islamabad, Pakistan – Pakistan Telecommunication Company Limited (PTCL), the nation’s leading ICT services provider, has announced a strategic partnership with GBM Pakistan and IBM to modernize its IT infrastructure. The collaboration aims to enhance PTCL’s operational efficiency, laying the foundation for cutting-edge innovations and a comprehensive upgrade of its enterprise systems. As part of the […]
ISLAMABAD: JazzCash, Pakistan’s largest fintech platform, has introduced a new brand identity and a redesigned app user interface (UI) aimed at enhancing the customer experience, according to a press release issued by the company. The refreshed look reflects JazzCash’s commitment to financial inclusion and innovation. The new brand identity and UI were unveiled during an […]
Dubai, UAE; 16 Dec 2024: Mastercard has joined forces with the Bank of Punjab (BOP) as an exclusive partner to enhance the bank’s proposition across consumer debit and credit, affluent portfolio and loyalty offerings. The collaboration seeks to transform the bank’s digital ecosystem and its customers’ digital experience. Customers of BOP’s priority banking program KHAAS will […]
Karachi, Pakistan – Neem has announced a strategic partnership with 1LINK (Pvt) Limited, Pakistan’s largest switch and payment network provider, to deliver faster, more secure, and efficient payment solutions for its users. This collaboration marks a significant milestone for Neem in its mission to simplify money movement and support the financial wellness of businesses across […]
PayFast delighted to introduce Mahwish Saad Khan as their Chief Business Officer (CBO). With an impressive track record spanning both banking and fintech, Mahwish will lead PayFast in transforming the digital payments landscape in Pakistan. As a licensed payment service provider (PSP) and Merchant service provider (MSP) by the State Bank of Pakistan (SBP) for […]