Proparco Partners with Kashf Foundation

Proparco Partners with Kashf Foundation Through $15M Loan to Empower Women Entrepreneurs in Pakistan

Lahore, Pakistan — Proparco has announced the renewal of its partnership with Kashf Foundation through a $15 million loan aimed at empowering women entrepreneurs and expanding Kashf’s client base. This marks the third collaboration between the two organizations since 2017, underscoring a shared commitment to advancing financial inclusion and gender equality in Pakistan. Founded in […]

JazzCash Unveils New Brand Identity and Redesigned App User Interface

JazzCash Unveils New Brand Identity and Redesigned App User Interface (UI)

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 […]

KT Bank Partners with Sofcom Pvt Ltd

KT Bank Partners with Sofcom Pvt Ltd to Strengthen HR Management System

Karachi, Pakistan – KT Bank Pakistan Limited (under formation) has announced a strategic partnership with Sofcom Pvt Ltd, a leading provider of Payroll and Human Resource Management solutions. This collaboration aims to enhance KT Bank’s operational efficiency by streamlining payroll processes, ensuring regulatory compliance, and allowing the bank to prioritize its core banking functions. The […]

Mastercard partner with BOP

Mastercard partner with BOP to Transform Digital Ecosystem with Innovative Solutions

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 […]

Zindigi and Islamic Relief Pakistan Partner

Zindigi and Islamic Relief Pakistan Partner to Transform Humanitarian Aid Through Digital Innovation

Zindigi, powered by JS Bank, has announced a transformative partnership with Islamic Relief Pakistan to revolutionize the delivery of humanitarian aid through advanced digital solutions across Pakistan. This initiative aims to streamline disbursement processes, ensuring transparency and efficiency for beneficiaries in four provinces, 40 cities, the federal capital, and Azad Kashmir. The collaboration enhances the […]

Neem Partners with 1LINK

Neem Partners with 1LINK to strengthen its Embedded Finance Offerings

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 […]

Islamic Finance and Capital Markets Will Help Pakistan Achieve Stability

Islamic Finance and Capital Markets Will Help Pakistan Achieve Stability: FM

Karachi, December 13, 2024 – Federal Minister for Finance and Revenue, Muhammad Aurangzeb, emphasized the pivotal role of Islamic finance and capital markets in steering Pakistan towards macroeconomic stability and sustainable growth. Speaking virtually at the inaugural session of the Second International Islamic Capital Markets Conference & Expo in Karachi, Aurangzeb highlighted Pakistan’s recent economic […]

Mahwish Saad Khan Joins PayFast as Chief Business Office

Mahwish Saad Khan Joins PayFast as Chief Business Officer (CBO)

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 […]

MCB Bank Appoints Muhammad Nauman Chughtai as New President

MCB Bank Appoints Muhammad Nauman Chughtai as New President & CEO

MCB Bank Limited (PSX: MCB) has announced the appointment of Muhammad Nauman Chughtai as its new President and Chief Executive Officer. The decision was approved by the bank’s Board of Directors during a meeting held on December 11, 2024, according to a notice issued to the Pakistan Stock Exchange (PSX). Muhammad Nauman Chughtai’s appointment will […]

SBP partners with Systems Limited and Temenos

SBP partners with Systems Limited and Temenos to Modernize their Core Banking System

Karachi, Pakistan – November 2024 – Systems Limited, a global system integrator and services provider, proudly announces a landmark agreement with the State Bank of Pakistan (SBP) to upgrade and modernize its Core banking platform to the latest Temenos core banking software and implementation of best-in-class Temenos Payment Hub to modernize the Payment Infrastructure of the Central Bank. […]