NayaPay Named Fintech Startup Pakistan at Asian Banking and Finance Awards 2026
NayaPay has been recognised as Fintech Startup Pakistan at the Asian Banking and Finance Awards 2026 for its product innovation and contribution to expanding Pakistan’s digital payments infrastructure and access to financial services.
SECP Approves Rs1.5 Billion Capital Increase For Pakistan’s First Digital Retail Bank
Securities and Exchange Commission of Pakistan has approved a Rs1.5 billion paid up capital increase for HugoBank, bringing Pakistan’s first digital retail bank closer to commercial operations.
HugoBank Receives SBP Approval To Begin Pilot Operations For Digital Banking Platform
HugoBank has received approval from State Bank of Pakistan to begin pilot operations, allowing the upcoming digital bank to test its products, systems and operational readiness.
JazzWorld Reports Record Q1 2026 Results with 20.6 Percent Revenue Growth Driven by Digital Ecosystem
JazzWorld achieves PKR 130 billion in Q1 2026 revenue as digital services and 4G penetration surge while the company prepares for nationwide 5G expansion.
JazzCash Drives Financial Digitisation in Pakistan with 55 Million Users and Expanding Merchant Network
JazzCash is transforming Pakistan’s financial landscape by expanding digital payments, supporting over 55 million customers and 650,000 Raast-enabled merchants, advancing transparency and economic formalisation.
BOP Exchange introduces health insurance with remittance transfers to support families nationwide
A new partnership aims to transform the remittance ecosystem in Pakistan by integrating health insurance into every transaction, providing financial protection and healthcare access to families of overseas Pakistanis.
The Future of Digital Banking in Pakistan: Transformative Shifts
Pakistan’s digital banking ecosystem is evolving rapidly with initiatives like Raast, Roshan Digital Accounts, and the SBP’s regulatory push. These shifts are driving financial inclusion, innovation, and a move toward a cashless economy.
PM Initiates Major Push Towards Cashless Economy with Three High-Level Committees
Prime Minister Shehbaz Sharif launches three expert committees to fast-track Pakistan’s cashless economy, expanding RAAST and forming a national digital master plan for seamless digital transactions.