The State Bank of Pakistan (SBP) has initiated a nationwide “Go Cashless” campaign to promote digital payments and reduce reliance on cash transactions within cattle markets during the upcoming Eid-ul-Adha. This strategic initiative, in line with SBP’s goal of fostering digital financial inclusion throughout Pakistan, was officially launched today, May 20, 2025, and will run […]
Bank Alfalah, one of Pakistan’s largest commercial banks in Pakistan, announces the launch of Eatsy, a first-of-its-kind, end-to-end digital dining payment solution that transforms the restaurant experience for both consumers and merchants. With Eatsy, Bank Alfalah continues to lead the charge in integrating banking technology with everyday dining lifestyle, making the process of reserving, ordering, […]
Vopy, a portfolio company of Swedish investment firm Front Ventures, has secured a verbal order from a major digital bank in Pakistan to provide a freelance payment service. “The order comes from one of the major digital banks that Vopy’s management team visited in Pakistan, where the client wishes to launch the services as soon […]
Karachi, Pakistan – The State Bank of Pakistan (SBP) has revised the minimum capital requirement (MCR) for Microfinance Banks (MFBs), significantly increasing the paid-up capital threshold in a phased manner to strengthen the financial stability of the sector. Under the newly issued Prudential Regulations for Microfinance Banks, the central bank has raised the paid-up capital […]
Raqami Islamic Digital Bank Limited has been awarded a restricted banking license by State Bank of Pakistan under the Licensing and Regulatory Framework for Digital Banks to commence Pilot operations as a Digital Retail Bank. The approval marks a defining moment in Raqami’s journey to become Pakistan’s first fully Shariah-compliant, Digital Retail Bank offering a […]
State Life Insurance Corporation of Pakistan (SLIC), the nation’s largest and most trusted life and health insurer, has entered into a strategic partnership with JS Bank, one of the fastest growing banks in Pakistan, to offer a range of insurance products under its bancassurance model. The move brings together the scale of Pakistan’s public institutions […]
Jazz, Pakistan’s leading digital operator and a part of the VEON Group, reported a 20.3% year-on-year revenue growth in Q1 2025, driven by continued digital diversification and disciplined cost management. During the quarter, Jazz invested PKR 9.5 billion—marking a 78.4% year-on-year increase—to expand 4G capacity and scale its digital platforms. This performance was delivered despite […]
Lahore, Pakistan – May 9, 2025 – Behtari is proud to announce the launch of The Behtari Podcast, Pakistan’s first human curated and AI-generated business podcast. This innovative weekly podcast is designed to keep business professionals, entrepreneurs, and industry leaders informed on the latest developments in business, finance, economy, and technology. About “The Behtari Podcast” […]
KARACHI: Standard Chartered Pakistan, launched the 7th Cohort of the Futuremakers Women in Tech Accelerator in partnership with INNOVentures Global (Pvt) Limited. This accelerator was first launched in Pakistan in 2019 and was designed to address gender disparity in the technology sector. This initiative not only supports innovative business ideas but also addresses the financial […]
BankIslami has partnered with the Sindh Enterprise Development Fund (SEDF) to promote and expand financing opportunities for small and medium enterprises (SMEs) across Sindh. Under this collaboration, both institutions aim to enhance financial access for SMEs. SEDF will offer financial incentives, including KIBOR-based profit subsidies, while BankIslami will provide tailored business financing to support the […]