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.
Raast at the Crossroads: Paving Pakistan’s Path to a Cashless Future
Raast, Pakistan’s real-time digital payment system launched by the State Bank, stands at a defining moment as it pushes the nation toward a cashless economy. With new leadership, growing adoption, and integration across fintechs, the platform is set to reshape financial inclusion, remittances, and economic transparency.
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.
Telemart and JingleCred Partner to Launch Smartphone Financing for Masses in Pakistan
Telemart partners with JingleCred to offer smartphone financing in Pakistan through CNIC-based installment plans, unlocking access to digital services and financial inclusion for millions.
SECP Approves Digital Lending License for Foremost Financial Services, Paves Way for Instant Finance NBFC Entry
SECP has issued an NBFC license to Foremost Financial Services for digital nano-lending and approved Instant Finance’s entry into the sector, signaling growing investor confidence and advancing digital financial inclusion in Pakistan.
easypaisa Digital Bank Reports Rs. 3.64 Billion Profit Before Tax in H1 2025 Amid Strong User Growth
easypaisa digital bank has reported a profit before tax of Rs. 3.64 billion for the first half of 2025, reflecting 39.4% growth. The surge was fueled by higher digital lending, rising transaction volumes, and strong customer adoption, with active users crossing 18.2 million and deposits reaching Rs. 94.7 billion.
PBA and SECP Host Consultative Workshop to Strengthen Bank-Capital Market Collaboration
PBA and SECP held a consultative workshop in Karachi on unlocking capital market potential for banks, with Finance Minister Muhammad Aurangzeb as Chief Guest. Industry leaders and regulators discussed strengthening collaboration, diversifying financing avenues, and fostering sustainable economic growth.
Former JS Bank IT Head Joins Bank Islami Aik Digital as CIO to Drive Faith-Based Tech Transformation
Former JS Bank IT head takes on new role as Chief Information Officer at Bank Islami Aik Digital, aiming to establish world-class technology infrastructure and strengthen Islamic, ribah-free digital banking in Pakistan.
SECP Launches Capital Market Development Fund to Boost Investor Literacy and Market Growth
SECP has operationalized the Capital Market Development Fund (CMDF) with contributions from PSX, NCCPL, CDC, and PMEX to enhance financial literacy, expand outreach, and strengthen Pakistan’s capital markets through investor education and capacity building.
NIBAF Concludes Islamic Banking Certificate Course to Strengthen Shariah-Compliant Finance
NIBAF Pakistan concluded the six-day Islamic Banking Certificate Course – IBCC-73 in Karachi, training SBP and commercial bank officers in Shariah-compliant financial practices to strengthen skills and support the growth of Islamic banking.