In a significant move to streamline financial transactions at cattle markets ahead of Eidul Azha, JazzCash has partnered with the State Bank of Pakistan (SBP) to enable interoperable RAAST QR codes for payments at cattle markets nationwide. This initiative aims to replace traditional cash-based transactions with secure, efficient digital payments, ensuring safe and secure transactions […]
Karachi, Pakistan – In a groundbreaking collaboration, Habib Bank Limited (HBL) and the Export-Import Bank of Pakistan (EXIM) have signed a Memorandum of Understanding (MoU) to enhance Pakistan’s export growth through innovative trade credit insurance facilities. This strategic partnership aims to support exporters, with a special focus on Small and Medium Enterprises (SMEs) and emerging […]
United Bank Limited (PSX: UBL) on Monday organized an official launch ceremony of its wholly-owned subsidiary, UBL Currency Exchange (Private) Limited (UBLCEPL), in Karachi. The launch ceremony was attended by Governor State Bank of Pakistan Jameel Ahmad, President & CEO UBL Muhammad Jawaid Iqbal, along with other senior team members of SBP and UBL.The Board […]
June 3, 2024 — Digitt+, an innovative electronic money institution, has announced a strategic partnership with Bookme.pk, Pakistan’s largest digital ticketing platform. This groundbreaking collaboration aims to transform Bookme’s closed-loop ticketing system into an open mobile wallet using Digitt+’s proprietary open API platform. Through this partnership, Digitt+ and Bookme.pk will jointly serve over 2.5 million […]
Islamabad, June 3, 2024 — The National University of Sciences & Technology (NUST) has announced a strategic partnership with Zayn Capital VC , appointing them as the Resident Venture Capitalist at Pakistan’s inaugural Science and Technology Park. This collaboration is set to foster innovation, support startups, and catalyze technological and economic growth in the region. […]
In a significant move towards enhancing digital financial services, Askari Bank (AKBL), 1LINK, and Kuickpay have signed a tripartite agreement to streamline the bulk onboarding of billers. The partnership leverages the capabilities of Kuickpay and the 1BILL aggregation platform to provide seamless integration and improved service delivery. The signing ceremony, held at the Askari Digital […]
A Revolutionary Transformation of Interoperable Payments Karachi, May 29, 2024 – In a groundbreaking move to revolutionize Pakistan’s digital payment landscape, 1LINK, in partnership with Raast, an initiative by the State Bank of Pakistan (SBP), and 13 merchant aggregators, has launched the 1GO Raast Person to Merchant (P2M) service. This significant event took place at […]
Turkish Fintech Unicorn Papara Acquires Pakistan-based EMI SadaPay In a significant move to expand its footprint in South Asia, Turkish fintech unicorn Papara has successfully acquired Pakistan-based Electronic Money Institution (EMI) SadaPay. The acquisition, involving a 100% purchase of SadaPay, marks one of the most notable fintech investments in Pakistan in recent years. Founded by […]
Digitt+ Partners with RIZQ by ROZEE to Revolutionize Financial Services in Pakistan In a significant stride for financial technology, Digitt+, an Electronic Money Institute licensed under the State Bank of Pakistan, has announced its Banking as a Service (BaaS) partnership with RIZQ by ROZEE. RIZQ is a premier fintech specializing in financial wellness for professionals. […]
C Square, a leading provider of cloud-based customer experience solutions, today announced a strategic partnership with ABHI, a pioneering fintech company at the forefront of the embedded finance revolution. This collaboration aims to transform customer interactions within the fintech sector by deploying the Genesys Cloud contact center solution. Heritage of Excellence Meets Fintech Innovation C […]