Abbasi and Company Joins Bank AL Habib’s Digital Payment Initiative for PSX Brokers
Bank AL Habib partners with Abbasi and Company to launch Pakistan’s first QR-based digital payment solution for PSX brokers, aligning with the national vision of a cashless and transparent financial ecosystem.
Easypaisa Leadership Team Hosts Chairman and Board Members for Evening of Connection and Celebration
Easypaisa Chairman Irfan Wahab Khan, along with Board Members Douglas Feagin and Shoaib Yousuf, joined the company’s leadership team for a special dinner to celebrate progress, strengthen relationships, and reflect on the journey ahead.
Kashf Foundation renews $15M loan partnership with FMO to empower women entrepreneurs in Pakistan
Kashf Foundation secures its second $15M loan facility with FMO Dutch development bank to expand financial access for women entrepreneurs and underserved households in Pakistan.
1LINK resumes beneficiary management in Sohni Dharti Remittance Program with enhanced features
1LINK has resumed beneficiary management in the Sohni Dharti Remittance Program, offering improved security and smarter redemption options through the SDRP app starting September 29, 2025.
Branding Pakistan at Money20/20 Middle East
Pakistan takes center stage at Money20/20 Middle East in Riyadh, with government leaders, financial regulators, and fintech innovators representing the nation’s digital finance potential on a global stage.
Faysal Bank Reports 23% Decline in Half-Year Profit as Expenses Rise
Faysal Bank Limited reported a 23% drop in profit after tax to Rs10.42 billion for the first half of 2025, as rising operating expenses and weaker returns weighed on earnings despite growth in fee and forex income.
Pakistan Banks Association Appoints Mir Nejib Rahman as Secretary to Lead Industry Collaboration and Digital Transformation
The Pakistan Banks Association has appointed Mir Nejib Rahman as its new Secretary, bringing over 30 years of expertise in banking, digital finance, and financial inclusion. Rahman, a founding architect of the 1LINK Payment Switch, will lead industry collaboration and digital transformation initiatives.
ADB Backs Pakistan’s WE Finance Code to Boost Funding for Women Entrepreneurs
The Asian Development Bank has thrown its weight behind Pakistan’s new WE Finance Code, aiming to open doors for women-led businesses by expanding their access to finance.
Modest Growth in SBP Reserves: A Critical Juncture for Pakistan’s Digital Economy
The State Bank of Pakistan’s (SBP) foreign exchange reserves saw a marginal increase of $46 million, reaching $11.721 billion for the week ending June 13. This modest rise leaves a significant gap against the central bank’s $14 billion target for June 30, raising questions about immediate economic stability and potential implications for the burgeoning digital finance sector.
Pakistan’s KSE-100 Rebounds with Significant Gains Amidst Global Volatility
The Pakistan Stock Exchange (PSX) witnessed a strong resurgence today, with its benchmark KSE-100 Index climbing over 600 points, signaling renewed investor confidence despite ongoing geopolitical tensions in the Middle East. This positive momentum highlights the resilience of key sectors, including those with significant digital and technological integration, amidst a fluctuating global economic climate.