Islamabad: Industry leaders from Pakistan’s fintech sector recently met with Lt Gen Muhammad Munir Afsar, Chairman NADRA, to present an overview of the current landscape, status, and challenges facing the industry. The discussions highlighted the significant progress made by fintech companies, the potential for growth and innovation, and the obstacles that need to be addressed, […]
Digitt+ Partners with Quwat and NRSP Bank to Enhance Agricultural and Merchant Services
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 […]
Mobilink Bank Partners with oladoc Bringing Premium Healthcare to Customers’ Doorstep
KARACHI, August 27, 2024 — Mobilink Bank, Pakistan’s leading digital microfinance institution, has announced a strategic partnership with oladoc, a top-tier digital healthcare platform, to provide 500,000 of its customers with access to premium healthcare services. This collaboration aims to democratize healthcare access, delivering a comprehensive 360-degree solution to Mobilink Bank’s diverse customer base. Under […]
Foodpanda Partners with Visa to Accelerate Online Payment Adoption in Pakistan
Karachi, Pakistan — foodpanda, Pakistan’s leading online delivery platform, has announced a strategic partnership with Visa, a global leader in digital payments, aimed at accelerating the adoption of online payments in the country. This collaboration will see Visa integrated into foodpanda’s platform, offering customers substantial discounts to encourage the use of digital payments. As part […]
BankIslami Pakistan Posts Rs 13.8 Billion Profit Before Tax in H1-2024
BankIslami Pakistan continues to demonstrate robust growth, reporting a substantial 66.2% increase in profit before tax for the first half of 2024, amounting to Rs. 13.8 billion. The bank’s post-tax profit also surged by 32.1%, reaching Rs. 7.1 billion, highlighting its resilience and strategic focus amid challenging market conditions. One of the standout achievements during […]
Karandaaz Pakistan, Proparco and Parwaaz Financial Services Partners to Advance Gender and Climate Finance in Pakistan
Islamabad, August 27, 2024 — In a first-of-its-kind collaboration in South Asia, Proparco, Karandaaz Pakistan, and Parwaaz Financial Services Ltd have joined forces to enhance access to finance for women-led businesses and early-stage green technology ventures in Pakistan. This strategic partnership aims to empower those who are traditionally underserved by the conventional financial system, particularly […]
Two Pakistani Startups NayaPay and DealCart Make it to “Forbes Asia 100 To Watch” List
Pakistani startups DealCart and NayaPay have earned spots on the prestigious Forbes Asia 100 to Watch List, which highlights emerging small companies and startups from across the Asia-Pacific region. This year’s list features companies from 16 countries and territories, spanning 10 diverse industries, including enterprise technology, robotics, finance, manufacturing, and energy. India leads with 20 […]
Pakistan Fintech Network Partners with Sunshine Technologies to Revolutionize Fintech Landscape
August 27, 2024 – Karachi: The Pakistan Fintech Network (PFN) has proudly announced the signing of a Memorandum of Understanding (MOU) with Sunshine Technologies, marking the beginning of a groundbreaking partnership aimed at driving innovation in the financial technology sector. This strategic collaboration is poised to reshape the fintech landscape in Pakistan, fostering new opportunities […]
HBL Posts Rs 57.8 Billion Profit Before Tax in H1-2024
Pakistan, Karachi – 26 August 2024: Habib Bank Limited (HBL) has announced robust financial results for the first half of 2024, reporting a consolidated profit before tax of Rs 57.8 billion, marking a 12% increase over the same period last year. The bank’s profit after tax rose by 10% year-on-year to Rs 29.1 billion, with […]
PPCBL and BOP Forge Transformative Partnership to Drive Digitalization
The Punjab Provincial Cooperative Bank Limited (PPCBL) is proud to announce a transformative partnership with BOPBiz, signaling a significant step towards digitalization. This strategic alliance is set to strengthen the future prospects of PPCBL by harnessing the power of technology and innovation. The partnership was officially marked by a ceremony attended by Saleem Tahir, President/CEO […]