Karachi, Pakistan – August 28, 2024 — Digitt+, a trailblazer in Pakistan’s fintech landscape, has announced a groundbreaking strategic partnership with Quwat, a leading white-label agent network provider, and NRSP Microfinance Bank Ltd (NRSP MFBL). This collaboration is set to redefine financial services for the agricultural and merchant sectors across Pakistan.
The partnership represents a significant milestone in Digitt+’s mission to revolutionize financial services in Pakistan by extending unparalleled solutions directly to farmers and merchants through Quwat’s extensive network of dedicated agents. With NRSP MFBL’s commitment to fostering digital payments, the collaboration aims to drive financial inclusion, enhance the acceptance of digital transactions, and contribute to the development of a more documented and transparent economy.
Enhancing Financial Inclusivity
NRSP MFBL is actively creating an environment conducive to the empowerment and enhancement of digital payments. The bank’s strategic efforts are positioning it as a key player in the digital transformation of Pakistan’s financial services sector, enabling individuals and businesses, particularly in rural and semi-urban areas, to seamlessly integrate into the digital economy.
Introducing Advanced Locator Services
To further improve the customer experience, Digitt+ will introduce state-of-the-art locator services, enabling customers to easily find and access the nearest agent locations. This feature is designed to make it easier for customers to engage with Digitt+’s services, whether in remote agricultural areas or bustling urban centers.
Leadership Remarks
Ahmed Saleemi, CEO of Digitt+, highlighted the significance of the partnership: “This collaboration with Quwat and NRSP Bank is a significant step forward in our commitment to driving financial inclusion and innovation in Pakistan. By integrating Quwat’s specialized agent network with our advanced technological solutions, we are empowering our customers with greater accessibility and tailored services that meet their unique needs.”
Muhammad Saad Khan, CEO of Quwat, expressed his enthusiasm for the partnership, stating, “We are excited to collaborate with Digitt+ and NRSP Bank in this pioneering initiative. Our agent network is designed to provide flexible and customized solutions, and through this partnership, we aim to enhance the financial ecosystem for agricultural and merchant sectors across the country.”
Muhammad Zeeshan Munir, Head of Branchless Banking & Liability at NRSP MFBL, added, “NRSP MFBL is committed to advancing financial inclusion, particularly in rural areas. Our strategic partnership with Digitt+ and Quwat is a cornerstone of this mission. By leveraging our respective expertise and expanding outreach, we’re creating a robust ecosystem that empowers even the most remote communities with essential financial services.”
A Future of Enhanced Financial Accessibility
This tripartite agreement aligns with Digitt+’s broader strategy of expanding its footprint in the financial services sector, particularly in underserved rural and semi-urban areas. With the combined strengths of Quwat’s network, NRSP MFBL’s financial expertise, and Digitt+’s technological innovation, this partnership is poised to transform how agricultural and merchant customers interact with financial services in Pakistan, paving the way for a more inclusive and digitally integrated economy.
