Most people have bank accounts but there are a significant number of people in society that traditional banks have not served well. For years, the products and services built and delivered by banks have been designed to meet the banks’ criteria for profitability, even if it is at the expense of the customer. Earning a […]
NEWS FLASH: Agahe Pakistan Surpasses 2-Billion Gross Loan Portfolio. In a groundbreaking achievement, Agahe Pakistan proudly announces the attainment of a 2-Billion Gross Loan Portfolio milestone as of March 2024. This remarkable feat underscores the institution’s unwavering dedication to fostering financial inclusion among low-income individuals, particularly women and youth, through the provision of microfinance facilities. […]
JazzCash has announced a strategic partnership with the Securities and Exchange Commission of Pakistan (SECP) aimed at bolstering the country’s fintech ecosystem. With a focus on technical advancement, education, and regulatory enhancement, this alliance seeks to empower individuals and businesses across Pakistan. The collaboration between JazzCash and SECP marks a significant step towards advancing financial […]
In a proactive move to combat the spread of false information, ABS & Co, a prominent law firm in Pakistan, has announced the issuance of ‘instant legal notices’ against individuals responsible for disseminating misleading news concerning M/s Telenor Microfinance Bank Limited, commonly known as Telenor Bank or Easypaisa. The directive, directed at individuals involved in […]
Collaboration to Empower Thousands of Students and Redefine Educational Finance Landscape. In a landmark move in the realm of educational finance, EduFi, an innovative force in the sector, has partnered with the esteemed University of Sialkot to introduce a pioneering ‘Study Now, Pay Later’ (SNPL) option through EduFi’s digital platform. This strategic alliance, combining EduFi’s […]
In a significant move set to redefine the landscape of loan processing, Unikrew Solutions (Private) Limited has inked a transformative agreement with Khushhali Microfinance Bank Limited (KMBL), aimed at deploying their pioneering Loan Origination System. This collaboration is poised to revolutionize #KMBL’s loan processing procedures, ushering in a new era of seamless financing solutions for […]
Faysal Bank Partners with Womenza Pakistan to Empower Women Freelancers Faysal Bank Limited (FBL), a leading Islamic bank in Pakistan, has joined forces with Womenza Pakistan to support freelancers across the country. This partnership aims to promote economic independence and inclusivity, with a particular focus on women in the freelance sector. The collaboration was formalized […]
New guidelines aim to prioritize borrower protection and curb deceptive marketing tactics in the digital lending sector. In a bid to safeguard borrower interests and promote ethical conduct within the digital lending sector, the Securities and Exchange Commission of Pakistan (SECP) has rolled out comprehensive guidelines for Non-banking financial companies (NBFCs) engaged in digital lending […]
In a move set to redefine the landscape of gender empowerment, Bedari and Care Financial Services (CFS) Pvt. Ltd. have sealed a groundbreaking partnership through a formal Memorandum of Understanding (MoU). Their collective pledge is aimed at propelling economic empowerment and augmenting the capabilities of women and girls, irrespective of disability status. The alliance between […]
In a recent board meeting, the management team of PMIC received commendations from the Board for their exceptional financial performance despite the prevailing challenging macroeconomic conditions. The company’s resilience in navigating through the economic turmoil highlights its commitment to sustaining financial inclusion and fostering responsible lending practices for sustainable economic growth. PMIC, operating through a […]