The Pakistan Banks’ Association (PBA) is delighted to announce the appointment of Mr. Zafar Masud, President & CEO of the Bank of Punjab (BOP), as the esteemed new Chairman of the Association. This transition follows the elevation of Mr. Muhammad Aurangzeb, the incumbent PBA Chairman, to the esteemed role of Federal Minister of Finance and […]
HBL Introduces USD Debit Card, Empowering Pakistan’s Freelancer Community
In a move set to revolutionize the landscape for Pakistan’s burgeoning freelancer community, HBL proudly unveils its latest innovation: the USD Debit Card. This Visa-powered card promises to simplify international transactions for IT exporters, marking a significant leap forward in financial accessibility and efficiency. With the introduction of this groundbreaking solution, freelancers can now bid […]
EduFi and University of Sialkot Launch Groundbreaking ‘Study Now, Pay Later’ Initiative
Collaboration to Empower Thousands of Students and Redefine Educational Finance Landscape. In a landmark move in the realm of educational finance, EduFi, an innovative force in the sector, has partnered with the esteemed University of Sialkot to introduce a pioneering ‘Study Now, Pay Later’ (SNPL) option through EduFi’s digital platform. This strategic alliance, combining EduFi’s […]
Khushhali Microfinance Bank Join Hands with Unikrew Solutions to Implement Cutting-Edge Loan Origination System
In a significant move set to redefine the landscape of loan processing, Unikrew Solutions (Private) Limited has inked a transformative agreement with Khushhali Microfinance Bank Limited (KMBL), aimed at deploying their pioneering Loan Origination System. This collaboration is poised to revolutionize #KMBL’s loan processing procedures, ushering in a new era of seamless financing solutions for […]
Dedicated SaaS Reshaping the Future of Payments
As the software landscape continues to evolve, Software as a Service (SaaS) has emerged as a pivotal component, constituting a significant portion of the global software market—accounting for one-third of its entirety. Its influence extends across diverse industries, with payments being no exception. In the realm of finance and technology, burgeoning fintech enterprises are leveraging […]
Majority of Fintech Sectors Experiencing Growth Due to Robust Consumer Demand
The fintech industry has continued its upward trajectory post-COVID-19, maintaining the growth momentum seen both before and during the pandemic. This growth is evidenced by the increasing number of customers, serving as a reliable indicator of two key trends: enhanced access to digital financial services and heightened consumer interest in fintech offerings. The first-ever Future of […]
PKR 895 Million, Pakistan Microfinance Investment Company (PMIC), Reports Highest Profit since its Inception
In a recent board meeting, the management team of PMIC received commendations from the Board for their exceptional financial performance despite the prevailing challenging macroeconomic conditions. The company’s resilience in navigating through the economic turmoil highlights its commitment to sustaining financial inclusion and fostering responsible lending practices for sustainable economic growth. PMIC, operating through a […]