SECP Signs MoUs with Askari Bank and NayaPay for Digital Corporate Onboarding
The Securities and Exchange Commission of Pakistan partners with Askari Bank and NayaPay to digitize and simplify the corporate bank account opening process.
Kazi Abdul Muktadir Appointed as CEO of Hilal Financial Services
Hilal Financial Services names former State Bank Deputy Governor Kazi Abdul Muktadir as CEO to lead its fintech and digital distribution expansion in Pakistan.
Raqami Islamic Digital Bank Appoints Umair Bilal as EVP Head of PMO and Partnerships
Umair Bilal joins Raqami Islamic Digital Bank as EVP to lead the Project Management Office and strategic partnerships, driving the bank’s digital transformation.
SadaPay Brings in Nadeem Hussain as Strategic Advisor to Shape Pakistan’s Digital Banking Future
SadaPay has appointed veteran banker Nadeem Hussain as a strategic advisor to guide its growth strategy, partnerships, and governance as the fintech scales operations in Pakistan.
ADB Recommends Tax Reforms and Regulatory Clarity for Pakistan’s Fintech Sector
The Asian Development Bank highlights tax complexity and regulatory gaps as major hurdles for Pakistan’s fintech growth, urging clearer laws, lower rates, adaptive licensing, and regional cooperation to enhance financial inclusion.
VEON Invests $20 Million in Mobilink Bank to Expand Digital Islamic Banking in Pakistan
VEON Group has announced a fresh $20 million investment in Mobilink Bank to scale digital Islamic banking, MSME financing, and financial inclusion across Pakistan, reinforcing its long-term commitment to the country’s fintech ecosystem.
Crescent Star Insurance Signals Entry into Digital and Virtual Assets Through Joint Venture
Crescent Star Insurance has announced plans to enter the digital and virtual assets space through a proposed joint venture, signalling a strategic shift as the insurer explores regulated opportunities beyond traditional insurance services.
SBP, PVARA Discuss Virtual Currency and Digital Asset Regulatory Roadmap in Pakistan
The State Bank of Pakistan and PVARA discuss virtual currency issuance, CBDC implementation, and digital asset regulation following Pakistan’s MoU with Binance on asset tokenization.
Optix Pakistan and Kuickpay Sign Strategic MoU to Strengthen Secure Digital Payment Services
Optix Pakistan Private Limited has entered into a strategic partnership with Kuickpay to offer seamless and secure online payment solutions, supporting broader digital transformation across customer service and operational platforms.
JazzCash and Resource Linked Launch Real-Time Digital Disbursement Solutions for Businesses in Pakistan
JazzCash partners with Resource Linked to provide secure, real-time digital disbursements for salaries, stipends, incentives, and vendor payments, streamlining processes and reducing cash reliance across industries in Pakistan.