Barq PK Secures SBP’s In-Principle Approval to Launch EMI Wallet in Pakistan
Barq PK has secured In-Principle Approval from the State Bank of Pakistan to establish an EMI Wallet, marking a significant milestone in advancing digital financial inclusion and accelerating the country’s transition toward a cashless economy.
PMEX Hits Historic PKR 95 Billion Trading Milestone in a Single Day
PMEX sets a new record by surpassing PKR 95 billion in single-day trading volume, reflecting growing investor confidence and the power of digital channels in transforming Pakistan’s commodity trading landscape.
Zindigi Wins Best Banking-as-a-Service Provider at Finovate Awards 2025, Showcasing Pakistan’s Fintech Growth
Zindigi, powered by JS Bank, has secured the Best Banking-as-a-Service Provider award at the Finovate Awards 2025 in the UK. This recognition highlights Pakistan’s rising role in fintech innovation and the platform’s impact on enabling financial inclusion and digital transformation.
State Bank of Pakistan Approves LemFi Partnership with UBL to Boost Remittances
The State Bank of Pakistan has approved LemFi’s remittance operations in partnership with United Bank Limited, ensuring secure, low-cost money transfers for overseas Pakistanis while boosting formal remittance inflows into the country.
Bank Alfalah Posts PKR 15.27 Billion Profit in 1H 2025, Focuses on Digital Growth and Strategic Lending
Bank Alfalah reported PKR 15.27 billion profit after tax for the first half of 2025, maintaining strong capital reserves and advancing its strategy in corporate, SME, and digital banking growth despite market challenges.
Naveed Sultan Urges National Digital Policy for Pakistan to Unlock Fintech Growth and Global Competitiveness
Naveed Sultan, Professor at Imperial Business School and former Citigroup executive, calls for a national digital policy to drive fintech growth, e-governance, and financial inclusion in Pakistan, highlighting the need for an integrated and strategic approach to digital transformation.
State Bank Launches Revised Framework to Digitize BISP Sahulat Account Onboarding Across Pilot Cities
The State Bank of Pakistan rolls out a revised framework for BISP Sahulat Accounts, introducing biometric verification and secure digital processes for onboarding beneficiaries in pilot cities.