Global Partnerships for a Brighter Future

Global Partnerships for a Brighter Future

Safeer ul Hak, Coordinator for the Global Entrepreneurship Network in Pakistan, introduced the HP M&P delegation to the Honorable Minister Rana Mashood sb, Chairman of the Prime Minister’s Youth Programme, at the Prime Minister’s Office in Islamabad. The delegation included Christian Edmond Reyes, Managing Director of HP, Nawaz Dhanji, Country Manager of HP, Kamran Nishat,…

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Islamic Banking Industry Assets Touch Rs. 9 Trillion in 2024

Islamic Banking Industry Assets Touch Rs. 9 Trillion in 2023

The Islamic Banking Industry (IBI) in Pakistan has achieved a significant milestone, with its total assets reaching Rs. 9 trillion, according to the latest Islamic Banking Bulletin released by the State Bank of Pakistan (SBP). The report highlights a year of remarkable growth and expansion across the sector. As of December 2023, the assets of…

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Bank of Khyber Announces Partnership with 1LINK and Kuickpay

Bank of Khyber Announces Partnership with 1LINK and Kuickpay for Streamlined Online Biller Onboarding

The Bank of Khyber (BoK) has unveiled a new tripartite arrangement with 1LINK and Kuickpay, aiming to simplify the bulk onboarding process for online billers. This significant development is expected to enhance efficiency and speed in business enrolment processes. The agreement was signed by Jawad Hassan Khan, Divisional Head of Alternate Delivery Channels at BoK;…

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NBP and TouchPoint Partner

NBP and TouchPoint Partner to Optimize ATM Network Across Pakistan

KARACHI — The National Bank of Pakistan (NBP) has solidified a strategic partnership with TouchPoint, a leading provider of self-service solutions, to expand and optimize the efficiency of over 1,200 Diebold Nixdorf ATMs across NBP branches nationwide. The official signing ceremony, held at the National Bank Head Office in Karachi, marked a significant milestone in…

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PayFast Becomes First Payment Gateway to Launch Raast P2M Services

PayFast Becomes First Payment Gateway to Launch Raast P2M Services in Pakistan

PayFast Becomes First Payment Gateway to Launch Raast P2M Services Islamabad, Pakistan – May 17, 2024 – PayFast, Pakistan’s leading and commercially licensed payment service provider (PSP), has achieved a groundbreaking milestone by becoming the first payment gateway to go live with Raast Person-to-Merchant (P2M) services. This achievement enables PayFast’s partner businesses to accept payments…

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Parwaaz Financial Services and AdalFi Partner

Parwaaz Financial Services and AdalFi Partner to Empower Pakistan’s SMEs

Parwaaz Financial Services and AdalFi have formally inked a collaborative agreement aimed at bolstering Pakistan’s small and medium enterprises (SMEs). Through the strategic utilization of advanced technology and data analytics, the partnership seeks to facilitate streamlined access to crucial financial resources, thus fostering growth opportunities for underserved businesses nationwide. The joint initiative between Parwaaz Financial…

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JazzCash and UAE du Pay Forge Strategic Alliance

JazzCash and UAE du Pay Forge Strategic Alliance to Revolutionize Cross-Border Payments

JazzCash and du Pay Forge Strategic Alliance to Revolutionize Cross-Border Payments In a move aimed at streamlining cross-border payments and bolstering financial accessibility, JazzCash, a leading digital financial services provider in Pakistan, has inked a strategic partnership with du Pay, a prominent fintech player based in the United Arab Emirates (UAE). The collaboration is poised…

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Soneri Bank and NayaPay Forge Strategic Partnership

Soneri Bank and NayaPay Forge Strategic Partnership to Revolutionize Digital Payments in Pakistan

In a significant move aimed at transforming the digital payments landscape in Pakistan, Soneri Bank, a prominent banking institution, and NayaPay, a leading fintech platform, have joined forces through a strategic partnership. The partnership agreement, inked by Mr. Syed Amir Raza, Chief Digital & Innovation Officer at Soneri Bank, and Omar Askari, Chief Business Officer…

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U Bank Enters into Strategic Partnership with IMARAT Group

U Bank Enters into Strategic Partnership with IMARAT Group for Customized Banking Services

U Microfinance Bank (U Bank) and IMARAT Group Forge Strategic Partnership for Tailored Banking Services U Microfinance Bank (U Bank) and IMARAT Group of Companies have announced a strategic collaboration aimed at providing customized branch and branchless banking services to IMARAT Group entities, including Graana and Agency21. The memorandum of understanding (MoU) was signed at…

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PayPeople.pk and InsureKar Join Hands

PayPeople.pk and InsureKar Join Hands to Revolutionize Insurance Solutions

In a monumental move set to reshape the landscape of insurance solutions, PayPeople.pk, a leading provider of Cloud HR Software, has announced a strategic partnership with InsureKar, renowned for its innovative insurance offerings. The culmination of this partnership was marked by the signing of a contract in the presence of distinguished leaders from both entities….

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