Neem, Pakistan’s pioneering embedded finance platform, has entered a strategic partnership with Meezan Bank, the country’s largest Islamic financial institution, to co-create a transformative financial infrastructure tailored to the needs of Pakistan’s evolving business landscape. This collaboration signifies a shared ambition to modernize payment systems and accelerate the adoption of digital financial tools across industries.
This multi-layered partnership is focused on embedding Shariah-compliant financial services into Neem’s platform, creating an end-to-end digital finance ecosystem for businesses of all sizes. Key areas of collaboration include payment gateway integration, SoftPOS enablement, and the launch of direct debit capabilities—all designed to streamline financial operations for merchants, service providers, and entrepreneurs.
At the heart of this alliance is a commitment to building infrastructure rather than isolated products. Neem will now leverage Meezan Bank’s Shariah-compliant payment gateway to process card transactions across Visa and Mastercard networks. This integration enhances Neem’s ability to offer secure, compliant, and seamless digital payment experiences while improving transaction uptime and reliability across its merchant network.
Syed Iftikhar ul Haq, Group Head of Consumer Finance at Meezan Bank, emphasized the significance of this initiative: “We are excited to collaborate with Neem in strengthening Pakistan’s digital payment ecosystem. At Meezan Bank, our focus has consistently been on enabling seamless, secure, and scalable payment solutions. This partnership reflects our ongoing commitment to enabling the growth of modern, Shariah-compliant financial infrastructure that empowers businesses across the country.”
Neem’s Co-founder, Nadeem Shaikh, highlighted how this partnership fits into the broader vision for financial inclusivity and operational efficiency: “This partnership is a significant step forward in building the financial infrastructure that enables businesses to grow with confidence. By combining Neem’s innovation layer with Meezan Bank’s scale and credibility, we’re opening up access to tools that simplify operations, improve cash flow, and support long-term growth.”
The initiative aims to address long-standing gaps in business financial services by integrating scalable digital solutions into everyday operations. SoftPOS technology will enable merchants to convert smartphones into secure payment terminals, reducing the need for traditional hardware and enabling cost-effective transaction acceptance. The addition of direct debit functionality will allow businesses to automate payments, improve cash flow management, and reduce administrative friction.
Together, Neem and Meezan Bank are laying the groundwork for a digital-first, cashless economy that is not only technologically sound but also aligned with ethical and Shariah-compliant standards. This initiative aligns with broader national goals of expanding financial inclusion, fostering digital transformation, and empowering small and medium-sized enterprises (SMEs) through meaningful access to modern financial tools.
As Pakistan’s fintech and banking ecosystems continue to converge, collaborations like this one will be pivotal in redefining how businesses interact with financial services. The Neem-Meezan partnership serves as a strong blueprint for how innovation and tradition can work hand-in-hand to support sustainable economic growth.