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 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 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 […]
Telenor Velocity, STZA and Invest2Innovate Host Roundtable to Address Funding Challenges in Pakistan’s Startup Ecosystem
Telenor Velocity, Telenor Pakistan’s premier startup accelerator program, in partnership with the Special Technology Zones Authority (STZA) and Invest2Innovate (i2i), hosted a high-impact roundtable discussion during the prestigious +92Disrupt 2024 conference. Themed “From Idea to Impact: Closing the Funding Gap in Pakistan’s Startup Ecosystem,” the session brought together 36 thought leaders representing investors, startups, corporates, […]
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 […]
Gobi Partners launches $50mn Techxila Fund II with BoP partnership to boost Pakistani startups
Initiative aims to strengthen entrepreneurship and drive innovation across fintech, e-commerce, and health tech sectors. Gobi Partners, a pan-Asian venture capital firm, has launched the $50 million Techxila Fund II alongside a Memorandum of Understanding (MoU) with the Bank of Punjab (BoP) to bolster Pakistan’s startup ecosystem. The announcement was made at the Pakistan Investment […]
InfraZamin Pakistan and Saudi Pak Co Sign PKR 1.28 Billion Renewable Energy Deal with Acumen Energy for 11.5 Years
InfraZamin Pakistan and Saudi Pak Industrial and Agricultural Investment Co Ltd signed a landmark transaction to provide an 11.5-year Distributed Solar Financing Facility to Acumen Energy Limited (Acumen) for PKR 1.28 billion. The Facility will be backed by a PKR 1.04bn credit guarantee to Saudi Pak and will mark InfraZamin’s first foray into renewable energy. […]
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: 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 […]
Pakistan Digital Payment Transformation Could Boost GDP by 7% by 2025: Karandaaz Pakistan Report
A recent report by Karandaaz Pakistan, titled “Transforming Pakistan’s Payment Landscape,” highlights the transformative potential of digital payment adoption in the country. According to the report, nationwide adoption of digital payments could enhance Pakistan’s GDP by 7% by 2025, create 4 million jobs, and add $263 billion in deposits to the formal banking sector. Cost […]