Cordoba Financial Services Limited Secures Strong A/A2 Debut Credit Rating from VIS
Cordoba Financial Services enters the credit rating landscape with an A/A2 rating from VIS, highlighting its growth in the SME and MSME lending sectors.
Pakistan’s Credit Card Gap Draws Alibaba’s Attention as Banks Face a Defining
With fewer than 3.1 million credit cards in a population of 240 million, Pakistan’s consumption-driven economy faces a structural gap. Alibaba’s entry via Koko Tech signals rising fintech competition as banks confront a critical choice.
Pakistan’s SLG-Trax Moves to Acquire Singapore’s Finova to Expand Fintech and NBFC Operations
SLG-Trax Pakistan moves to acquire Singapore-based Finova Technologies to expand its fintech and NBFC operations, integrating digital payments, lending, and AI-powered credit solutions across its logistics and e-commerce platforms.
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.