Karachi, Pakistan, July 11, 2024 — In a groundbreaking partnership, Dubai Islamic Bank Pakistan (DIBP), ChargeUp, and NymCard have unveiled a new corporate expense card solution tailored for businesses in Pakistan. This collaboration aims to revolutionize the way Pakistani companies manage employee expenses by leveraging advanced card issuance and processing technology. ChargeUp will issue Dubai […]
EduFi and Taleem Finance Company Partners to Transform Educational Financing in Pakistan
In a groundbreaking collaboration, EduFi has joined forces with Taleem Finance Company Limited (TFCL) to revolutionize educational financing in Pakistan. This alliance aims to empower aspiring students nationwide by reducing financial barriers to education, ensuring that opportunities are accessible to all, regardless of their economic background. The momentous partnership was formalized at a ceremony attended […]
ICT Police Collaborates with 1LINK and SBP for 1BILL Receipts Payment Collection
Islamabad, July 10, 2024— In a significant move to streamline the payment of various receipts, the Islamabad Capital Territory Police has announced a collaboration with 1LINK and the State Bank of Pakistan (SBP) for the implementation of the 1BILL payment system. The ceremony, marking this milestone, was attended by prominent figures including Mr. Syed Ali […]
BOP, CARE Pakistan and Mastercard Center for Inclusive Growth Partners to Improve Financial Access For Women Entrepreneurs in Pakistan
Islamabad, July 8, 2024 — The Mastercard Strive Women program in Pakistan is pleased to announce a new partnership with the Bank of Punjab (BOP), aiming to enhance formal financial access for women-led micro and small entrepreneurs across the country. Supported by the Mastercard Center for Inclusive Growth and implemented by CARE, Strive Women strengthens […]
NRSP Microfinance Bank Celebrates Remarkable Milestone to Reach PKR 50 Billion in Deposits
NRSP Bank is proud to announce that it has reached the significant milestone of PKR 50 billion in deposits. This achievement is a testament to the trust and support of our valued customers, as well as the dedication and hard work of the entire NRSP Bank team. Founded with the mission to provide accessible and […]
MYTM Expands into UAE with New Office in Dubai, Offering Cutting-Edge Financial Solutions
MYTM LLC, a leading financial services provider from Saudi Arabia, is proud to announce its expansion into the United Arab Emirates with the opening of a new office in Dubai. This strategic move aims to bring innovative financing and payment solutions tailored to meet the unique needs of the UAE market. New Offerings: A Proud […]
PITB, MCB Bank and Mastercard Partner to Digitize Government Payments in Pakistan
In a groundbreaking move to revolutionize financial transactions within the public sector, the Punjab Information Technology Board (PITB), MCB Bank, and Mastercard have signed a Memorandum of Understanding (MoU) to digitize payments in Pakistan. The agreement was signed by PITB ADG Khurram Mushtaq and MCB Bank Group Head Shahzad Ishaq, marking a significant step towards […]
U Bank and Yousuf Dewan Companies Sign MoU to Collaborate for Enhanced Affordability of EVs
Islamabad – U Microfinance Bank (U Bank) and Yousuf Dewan Companies have entered into a strategic collaboration aimed at providing innovative financing options to make the ownership of electronic vehicles (EVs) more accessible and affordable for customers. The Memorandum of Understanding (MoU) was signed recently at a ceremony in Islamabad by Mr. Mohamed Essa Al […]
Sehat Kahani Partners with IGI Life for Cutting-Edge Digital Healthcare Solutions for their Policyholders
In a groundbreaking move to enhance healthcare accessibility, Sehat Kahani and IGI Life Insurance Limited have officially signed an agreement that promises to transform the healthcare experience for IGI Life policyholders. This strategic partnership will offer digital healthcare services, providing policyholders with instant access to general physicians and specialized care. The collaboration leverages cutting-edge technology […]
Accelerating Raast Adoption: Karandaaz Pakistan and SBP’s Initiative to Onboard Tier 2 & 3 Retailers
In a significant move to transform merchant and retailer payments in Pakistan, Raast, the country’s groundbreaking instant payment system, is expanding its reach through an innovative pilot program. This initiative, backed by Karandaaz Pakistan with the support of the State Bank of Pakistan (SBP), aims to onboard tier 2 and 3 retailers onto the Raast […]
