In a landmark achievement, Branchless Banking (BB) transactions have surged past the 1 billion mark for the first time in a single quarter, according to recent data released by the State Bank of Pakistan (SBP) for the second quarter of fiscal year 2024. The State Bank of Pakistan (SBP) has announced that Branchless Banking (BB) […]
In a groundbreaking development within Pakistan’s consumer electronics market, Telemart, a key player renowned for its quality service, has announced a significant partnership with Waada, a leading Insurtech firm. This alliance, solidified through a signing ceremony attended by Hamza Abdul Rauf, Co-founder and CEO at Telemart, and Ishaq Kothawala, Founder at Waada, aims to reshape […]
In a significant development towards environmental sustainability, WWF-Pakistan and The Bank of Punjab (BOP) convened for an agreement signing ceremony at BOP’s Head Office in Lahore. The collaboration between WWF-Pakistan, a leading environmental organization, and BOP underscores the latter’s dedication to fostering a Green & Clean Pakistan. During the ceremony, representatives from both organizations affirmed […]
In a move set to transform Pakistan’s digital financial landscape, easypaisa, the country’s premier digital financial services platform, has introduced the QR SoundBox. This innovative device promises to streamline digital transactions for both merchants and customers. The QR SoundBox offers a seamless solution, boasting a portable design equipped with a speaker for payment alerts and […]
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 […]
In a groundbreaking collaboration, Iyzil, in partnership with InsurTech Instaful Solutions, introduces a pioneering insurance solution aimed at protecting women against harassment, prioritizing their mental and psychological well-being. This innovative initiative, unprecedented not only in Pakistan but globally, reflects a steadfast commitment to enhancing women’s safety and empowerment. Aligned with the United Nations’ Sustainable Development […]
In a noteworthy advancement towards financial digitization in Pakistan, Zindigi, in collaboration with JS Bank, has entered a strategic partnership with Zong the nation’s foremost telecommunications provider. This collaborative venture seeks to offer seamless and innovative digital financial solutions, aligning with the shared vision of both entities to foster financial inclusivity and digital transformation across […]
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 Introduces Islamic Savings: A Pioneering Fintech Initiative in Pakistan New Product Empowers Customers to Invest in Future with Confidence, Aligned with Islamic Ethos In another pioneering move within Pakistan’s fintech landscape, JazzCash has unveiled “Islamic Savings,” a groundbreaking product designed to empower customers to invest in their future while adhering to Islamic principles. The […]
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 […]