Karachi, Pakistan – [30th May 2025] — Neem, Pakistan’s leading embedded finance platform, is deepening its footprint in the insurance sector with a new strategic partnership with TPL Life, a digital-first insurance leader serving over 1 million + customers across Pakistan. This collaboration follows Neem’s recently announced partnership with EFU Life and signals the company’s […]
Digitt+ & TPL Insurance are building a more secure, inclusive, and resilient digital financial landscape, with embedded micro-insurance solutions
Digitt Plus is pleased to announce a strategic partnership with TPL Insurance, aimed at enhancing the financial security of their customers through innovative, integrated micro-insurance solutions. This collaboration is designed to offer effortless and contextual protection for essential assets such as motorcycles and smartphones, tailored to the everyday needs of Digitt Plus’s users, including farmers […]
Bank Alfalah approves sale of Bangladesh operations to Bank Asia
The Board of Directors of Bank Alfalah Limited (BAFL), one of the largest commercial banks in Pakistan, has approved the sale of its Bangladesh operations to Bank Asia Limited, a private-sector commercial bank based in Dhaka. BAFL disclosed the development in its notice to the Pakistan Stock Exchange (PSX) on Thursday. “We are pleased to […]
Govt to Make Digital Payment Options Widely Available to Move Towards Cashless Economy
Federal Minister for Finance, Senator Muhammad Aurangzeb, chaired a high-level meeting today at the Finance Division focused on advancing Pakistan’s transition toward a digital and less cash-dependent economy. The session brought together key stakeholders from the financial sector, including commercial banks, development finance institutions (DFIs), regulators, and investment experts. The participants, forming the core of […]
PTCL Group Partners with NETS International to Modernize IT Core Routing Solution with Cisco Technology
Pakistan Telecommunication Company Limited (PTCL) Group, comprising PTCL and Ufone 4G, has announced a strategic partnership with NETS International to modernize its IT Core Routing Platforms through the deployment of a state-of-the-art Cisco IT Core Routing Solution. This initiative reflects the Group’s ongoing commitment to delivering high-quality IT services by utilizing the latest advancements in […]
Halan Microfinance Bank Receives Rs. 1.4 Billion Capital Injection
Karachi, Pakistan – Halan Microfinance Bank has secured a capital injection of Rs. 1.425 billion (approximately USD 5 million) following its acquisition by MNT Halan Pak B.V., a Netherlands-based company. The bank, formerly known as Advans Pakistan Microfinance Bank Limited, was officially rebranded to “Halan Microfinance Bank Limited” on September 16, 2024, after the acquisition […]
Jazz Business and Logon Partner to Launch BRAS as a Service, Empowering ISPs Across Pakistan
Islamabad, Pakistan — Jazz Business, a leading provider of enterprise ICT solutions in Pakistan, has announced a strategic partnership with Logon to introduce BRAS as a Service (BRASaaS)—a groundbreaking, edge-based broadband management solution aimed at transforming the capabilities of Tier 2 and Tier 3 Internet Service Providers (ISPs) across the country. This collaboration marks a […]
Engro Corporation and Jazz Finalize Strategic Tower Infrastructure Deal to Power Pakistan’s Digital Future
Karachi, 23 May 2025: Engro Holdings Limited is delighted to announce that Engro Corporation Limited has secured all approvals for its strategic partnership with Pakistan Mobile Communications Limited (“Jazz“) and its parent company, VEON Group. Through a Scheme of Arrangement, Jazz’s shareholding in Deodar (Private) Limited – which houses its telecom infrastructure assets – will […]
Zong Launches Pakistan’s First Fully Business-Ready Native Cloud Platform – Z SAIS Cloud
Lahore, Pakistan – May 23, 2025 – Pakistan’s leading technology innovation company, officially launched its cloud services, Z SAIS Cloud, at an event held in Lahore. This launch reaffirmed Zong’s commitment towards its strategic vision of building a truly digital Pakistan. The event celebrated Zong’s fully business-ready, locally hosted cloud platform, featuring enterprise-grade performance and […]
SBP Approves UBL Share Split to Enhance Liquidity
Karachi, May 23, 2025 — The State Bank of Pakistan (SBP) has granted its no-objection to United Bank Limited (PSX: UBL) for the proposed subdivision of its shares, paving the way for the bank to proceed with its restructuring plan aimed at boosting share liquidity. According to a stock filing made by UBL on Friday, […]