In a groundbreaking move, U Microfinance Bank and Digitt+, a leading agri-fintech firm, have joined forces in a monumental PKR 10 billion partnership, reshaping financial dynamics within Pakistan’s agricultural sector. This collaborative endeavor amalgamates Digitt+‘s cutting-edge, in-house payment infrastructure with U Bank’s extensive lending proficiency, marking the dawn of a new era for tailored financial […]
Pakistan Considers Introducing Digital Currency, Finance Minister Reveals at World Economic Forum During a session at the World Economic Forum (WEF), Finance Minister Muhammad Aurangzeb disclosed Pakistan’s contemplation of implementing digital currency within its borders. Aurangzeb highlighted the nation’s tentative steps toward potentially adopting digital currency, underscoring its significance on the global economic stage. Furthermore, […]
In a groundbreaking collaboration poised to reshape supply chain dynamics, JazzCash has joined forces with Reliance Distribution; a Pepsi‘s distributor to introduce cutting-edge digital solutions. Unveiling the M2D (Merchant to Distributor) platform, this partnership marks a significant milestone in the journey towards a fully digitized supply chain ecosystem. With the aim of fostering financial inclusion […]
In a groundbreaking move, Zindigi, in partnership with JS Bank & MyTM, and in collaboration with Cashin (KSA), has launched an innovative payment system tailored specifically for Pakistani pilgrims, aligning with Saudi Arabia’s Vision 2030. Unveiled at the LEAP conference this year, this initiative introduces a cashless Hajj and Umrah experience, significantly enhancing convenience by […]
Blinq and Bank Alfalah Forge Strategic Partnership to Revolutionize Business Financial Solutions In a groundbreaking move set to redefine the landscape of financial solutions for businesses, Blinq, the foremost B2B fintech innovator, has announced a strategic partnership with Bank Alfalah, a stalwart in the banking and finance sector. This partnership marks a significant leap forward […]
In a significant development, EduFi Financial Services Private Limited has obtained its Non-Banking Financial Company (NBFC) license from the Securities and Exchange Commission of Pakistan (SECP), marking a pivotal moment for the company and the education finance sector in Pakistan. This milestone achievement propels EduFi into an exciting phase as it formally launches its operations […]
In a strategic move aimed at bolstering service delivery, Waada has announced a significant collaboration with JazzCash, Pakistan’s leading fintech platform. This partnership marks a pivotal moment for both entities as they strive to enhance their offerings in the rapidly evolving financial technology landscape. Waada, renowned for its commitment to providing innovative solutions to its […]
KTrade Securities, a prominent entity in Pakistan’s capital markets, has joined forces with Ansher Capital LLC, the largest investment bank in Uzbekistan, in a strategic partnership aimed at fostering cross-border investments. This collaboration targets markets in Saudi Arabia, Pakistan, and Uzbekistan, leveraging the expertise of both firms to provide comprehensive financial advisory and corporate finance […]
Telenor Microfinance Bank (TMB), the operator of Pakistan’s leading digital financial services platform easypaisa, has announced its financial results for the year ending December 31, 2023, showcasing a significant turnaround with a profit before tax amounting to PKR 1.2 billion. The impressive performance comes on the heels of securing the In-Principle Approval for a Digital […]
In a move set to revolutionize the landscape of digital payments, Soneri Bank and PayFast have joined forces in a strategic partnership aimed at empowering tomorrow’s financial transactions. This collaboration marks a significant milestone in the journey towards streamlined and efficient digital banking solutions. Soneri Bank, a leading financial institution renowned for its commitment to […]