Telenor Velocity, Telenor Pakistan’s premier startup accelerator program, in partnership with the Special Technology Zones Authority (STZA) and Invest2Innovate (i2i), hosted a high-impact roundtable discussion during the prestigious +92Disrupt 2024 conference. Themed “From Idea to Impact: Closing the Funding Gap in Pakistan’s Startup Ecosystem,” the session brought together 36 thought leaders representing investors, startups, corporates, […]
Zindigi, powered by JS Bank, has announced a transformative partnership with Islamic Relief Pakistan to revolutionize the delivery of humanitarian aid through advanced digital solutions across Pakistan. This initiative aims to streamline disbursement processes, ensuring transparency and efficiency for beneficiaries in four provinces, 40 cities, the federal capital, and Azad Kashmir. The collaboration enhances the […]
Initiative aims to strengthen entrepreneurship and drive innovation across fintech, e-commerce, and health tech sectors. Gobi Partners, a pan-Asian venture capital firm, has launched the $50 million Techxila Fund II alongside a Memorandum of Understanding (MoU) with the Bank of Punjab (BoP) to bolster Pakistan’s startup ecosystem. The announcement was made at the Pakistan Investment […]
InfraZamin Pakistan and Saudi Pak Industrial and Agricultural Investment Co Ltd signed a landmark transaction to provide an 11.5-year Distributed Solar Financing Facility to Acumen Energy Limited (Acumen) for PKR 1.28 billion. The Facility will be backed by a PKR 1.04bn credit guarantee to Saudi Pak and will mark InfraZamin’s first foray into renewable energy. […]
Karachi, Pakistan – Neem has announced a strategic partnership with 1LINK (Pvt) Limited, Pakistan’s largest switch and payment network provider, to deliver faster, more secure, and efficient payment solutions for its users. This collaboration marks a significant milestone for Neem in its mission to simplify money movement and support the financial wellness of businesses across […]
Karachi, December 13, 2024 – Federal Minister for Finance and Revenue, Muhammad Aurangzeb, emphasized the pivotal role of Islamic finance and capital markets in steering Pakistan towards macroeconomic stability and sustainable growth. Speaking virtually at the inaugural session of the Second International Islamic Capital Markets Conference & Expo in Karachi, Aurangzeb highlighted Pakistan’s recent economic […]
A recent report by Karandaaz Pakistan, titled “Transforming Pakistan’s Payment Landscape,” highlights the transformative potential of digital payment adoption in the country. According to the report, nationwide adoption of digital payments could enhance Pakistan’s GDP by 7% by 2025, create 4 million jobs, and add $263 billion in deposits to the formal banking sector. Cost […]
Invest2Innovate (i2i) has officially launched the Pakistan Startup Ecosystem Report 2024 (PSER 2024), marking the fourth edition of its flagship initiative. The report was unveiled during a high-profile event held at a local hotel, which brought together prominent leaders from Pakistan’s entrepreneurial ecosystem, including investors, policymakers, and other key stakeholders. The report arrives at a […]
PayFast delighted to introduce Mahwish Saad Khan as their Chief Business Officer (CBO). With an impressive track record spanning both banking and fintech, Mahwish will lead PayFast in transforming the digital payments landscape in Pakistan. As a licensed payment service provider (PSP) and Merchant service provider (MSP) by the State Bank of Pakistan (SBP) for […]
The global South Asian ethnic wear market is set to reach $129 billion by 2030, with digital spending projected to drive nearly $46 billion of this growth. Leading the charge in this evolving landscape is LAAM, a premier fashion marketplace for South Asian apparel, which has announced a $5.5 million seed funding round to expand […]