Islamabad: Mobilink Bank has reaffirmed its commitment to gender equality and financial inclusion by securing an impressive score of 82.7 on the State Bank of Pakistan’s Women Friendliness Grid. This achievement marks a significant improvement from last year’s score of 71.79, underscoring the Bank’s dedication to fostering a supportive environment for women borrowers and entrepreneurs, […]
Karachi, [Date] — Bank Alfalah, a leading commercial bank in Pakistan, has reinforced its long-standing partnership with the Benazir Income Support Programme (BISP), having been a dedicated collaborator in the digital social cash transfer initiative since 2011. This year, Bank Alfalah, in collaboration with other partner banks, has been awarded the contract to serve 7 […]
In a significant move to enhance financial inclusion and drive economic growth in Pakistan, the Pakistan Microfinance Investment Company (PMIC) and the U.S. International Development Finance Corporation (DFC) have signed a Loan Portfolio Guaranty Agreement. This strategic partnership will provide a loan portfolio guaranty of up to $15 million. The initiative aims to empower women […]
Oraan, an innovative financial platform dedicated to building inclusive financial products for Pakistan, has achieved a significant milestone by securing a Non-Banking Financial Company (NBFC) license. This new license empowers Oraan to expand its offerings, notably in the realm of education financing, providing students and their families with more accessible and inclusive financial options. Oraan’s […]
In a landmark move to enhance digital financial services across Pakistan, easypaisa is offering easycash, a digital service providing users with instant, hassle-free access to loans. This innovative offering allows easypaisa customers to obtain loans of up to PKR 15,000 without any documentation, and repay them with flexible terms, free from hidden charges. Seamless Loan […]
TMB/easypaisa’s ongoing commitment to transforming Pakistan into an advanced and financially inclusive society, TMB/easypaisa is thrilled to announce a strategic collaboration with Rayn Group. This partnership underscores our dedication to leveraging cutting-edge technologies to enhance our services and impact. Together with Rayn Group, TMB/easypaisa will embark on designing and implementing foundational building blocks that integrate […]
June 14, 2024 – In a significant move aimed at transforming the financial landscape for rural farmers, KT Bank, currently under formation, has announced a strategic partnership with FasalPay. This collaboration seeks to provide farmers with easy access to financial services, streamline agricultural transactions, and promote financial inclusion in rural areas. The partnership between KT […]
KalPay, a pioneering Buy Now, Pay Later (BNPL) platform, is excited to announce a new partnership with COLABS, one of Pakistan’s premier coworking spaces. This collaboration aims to bring KalPay’s innovative financial solutions to COLABS employees, members, and their extensive network, providing them with flexible and convenient payment options. Through this strategic alliance, the COLABS […]
In a strategic move to bolster its credit enquiry capabilities, Raqami Islamic Digital Bank has signed a basic agreement with Tasdeeq. This partnership is set to leverage Tasdeeq’s extensive database and alternative credit data sources, including power, gas, and water usage, to deliver significant value to the banking industry, particularly digital banks. Tasdeeq’s innovative approach […]
PMIC and Daraz Forge Partnership to Empower Rural Women in Pakistan In a landmark collaboration, the CEOs of Pakistan Microfinance Investment Company (PMIC) and Daraz have officially joined forces under the PMIC’s “Informal to International” initiative. This partnership, endorsed by the Male Champions of Change forum, represents a united effort to drive innovation, bridge barriers, […]