JS Bank, a leading financial institution in the country, has announced a strategic partnership with Euronet Pakistan, a division of Euronet Worldwide renowned for global payment processing and transaction services. This collaboration aims to revolutionize the management of debit card services and ATM operations. Under this agreement, JS Bank will leverage Euronet’s advanced infrastructure in […]
TMB/easypaisa, Pakistan’s leading digital financial services platform, has bolstered its insurance-based product portfolio through impactful strategic partnerships with IGI Life Insurance Limited and IGI General Insurance Ltd, reinforcing its commitment to innovation and customer-centricity. The signing ceremony, attended by Kashif Ahmed, FCA, Acting President & CEO of TMB/easypaisa, Ali Nadim, CEO of IGI Life Insurance, […]
KalPay, the leading Shariah-aligned Buy Now Pay Later (BNPL) fintech service provider in Pakistan, announced today the successful closure of an undisclosed early-stage investment round. The milestone comes as KalPay reaches profitability, solidifying its position as a pioneer in the consumer lending industry within Pakistan. The early-stage funding was led by Orbit Startups and saw […]
Islamabad, Pakistan – May 13, 2024 In a groundbreaking move set to redefine the banking landscape in Pakistan, U Microfinance Bank (U Bank) and Raqami Islamic Digital Bank Ltd. (RIDBL) have announced a strategic interoperable partnership. This collaboration aims to provide branch banking services to RIDBL customers through U Bank’s extensive network, marking a significant […]
9th May 2024p Riyadh, KSA: Alraedah Digital Solutions, a leading technology company and the innovation arm of Alraedah Digital Group, is thrilled to announce a strategic partnership with ABHI, a MENAP-based Fintech specializing in Earned Wage Access and Invoice Factoring. The collaboration marks a significant milestone in Alraedah’s commitment to fostering innovation and driving regional […]
The Bank of Punjab (BOP) has forged a strategic alliance with the Circle Women Association, marking a significant step towards advancing gender equality and fostering economic empowerment in the financial sector. This collaboration aims to provide thousands of women across the nation with essential tools and opportunities necessary for their inclusion in the financial sector […]
In a groundbreaking move towards enhancing digital accessibility in rural Pakistan, the Zarai Taraqiati Bank Limited (ZTBL) has partnered with VRG to introduce USSD Banking Solutions. This collaborative effort aims to empower farmers and individuals engaged in agribusiness across remote regions with convenient access to digital financial services. The innovative USSD Banking Solutions will cater […]
In a strategic move aimed at enhancing the digital payment landscape in Pakistan, Adamjee Life and PayFast have joined forces. This collaboration underscores PayFast’s commitment to transforming the way payments are conducted, with the added advantage of leveraging Adamjee Life’s extensive reach across the nation. The partnership between Adamjee Life, a prominent insurance provider in […]
In a significant move towards the advancement of Islamic FinTech, MYTM, a leading FinTech company, and AlHuda Centre of Islamic Banking and Economics (CIBE) have officially entered a strategic partnership, as announced today during a momentous signing ceremony. The ceremony, graced by key industry figures including Dr. Sohail Zafar Cheema, Chairman of MYTM and former […]
In the rapidly evolving landscape of financial technology (fintech), the integration of artificial intelligence (AI) has emerged as a key driver of innovation and transformation. Among the various AI technologies, generative AI stands out as a pivotal enabler, revolutionizing how fintech companies operate and deliver services. Generative AI, capable of producing new content or data […]