EFU Life Cancels 100% Acquisition Plan for Waada Digital Pakistan
EFU Life Assurance Limited has decided not to proceed with its proposed acquisition of the entire share capital of Waada Digital, following a mutual agreement between both parties.
easypaisa and Transsion Partner to Expand Mobile-Based Financial Services in Pakistan
easypaisa and Transsion have partnered to expand digital financial service discovery across Pakistan through TECNO, Infinix and itel devices, using pre-installation and device-level app distribution.
Mojaloop Foundation and SBP Launch Country Accelerator Program to Strengthen Pakistan’s Digital Payments Infrastructure
The Mojaloop Foundation and State Bank of Pakistan’s Innovation Hub are launching a country accelerator program to train local payment system implementers, digital financial service providers and hub operators. Applications close October 18.
Raqami Bank Offers Up to Rs10,000 Cashback on K-Electric Bills
Raqami Islamic Digital Bank is offering 10% cashback on K-Electric bill payments through its app, with eligible customers able to receive up to Rs10,000.
ZTBL Onboards TPS Pakistan for Mobile and Internet Banking Services
ZTBL has onboarded TPS Pakistan to provide mobile and internet banking applications following an open competitive procurement process under the PPRA framework.
Raqami Islamic Digital Bank, Fauree Tech Partner on Digital Islamic Financing
Raqami Islamic Digital Bank and Fauree Tech are partnering on digital, embedded and Shariah-aligned financing for businesses, employees and farmers.
Avanza Solutions and EPL Partner to Improve Digital Identity in Financial Services
Avanza Solutions and EPL have partnered to strengthen digital identity, onboarding and customer experiences for financial institutions.
Raqami Islamic Digital Bank, IoBM-CIBF Sign MoU for Islamic Finance Talent Development
Raqami Islamic Digital Bank and IoBM-CIBF have signed an MoU to support talent development, research, student engagement and innovation in Islamic finance.
KissanPay Launched as Pakistan’s Shariah-Compliant Agri-Fintech Platform
Kissan Gudam and aik by BankIslami have launched KissanPay, a Shariah-compliant agri-fintech platform designed to connect agricultural storage with digital financing.
NED University, SBP Explore FinTech Research, Digital Finance and Talent Development
NED University, CIFFT and the State Bank of Pakistan discussed collaboration in Islamic finance, FinTech, entrepreneurship, research, data, innovation and talent development.