State Bank Invites Proposals for WIFP Challenge Fund to Drive Gender-Inclusive Financial Innovation
The State Bank of Pakistan has opened submissions for the WIFP Challenge Fund 2025, inviting proposals to advance gender-inclusive financial innovation. The initiative aims to support ideas that use technology to improve women’s access to financial services across Pakistan.
The Bank of Punjab and Begini Ltd Partner to Drive AI-Led Financial Inclusion Across Pakistan
The Bank of Punjab (BOP) and Begini Ltd have announced a strategic partnership focused on advancing AI-led financial inclusion across Pakistan. The collaboration aims to make credit access more inclusive, data-driven, and transparent, empowering individuals and small businesses while fostering innovation within the financial ecosystem.
PayFast Partners with Garaj Cloud by Jazz Business to Strengthen Pakistan’s Digital Payment Infrastructure
PayFast has partnered with Garaj Cloud by Jazz Business to strengthen its cloud infrastructure, ensuring secure, scalable, and reliable digital payment services. This strategic collaboration reinforces Pakistan’s fintech ecosystem and supports the country’s broader shift toward a digital economy.
PayFast and PayPak launch e-commerce discount campaign for PayPak cardholders across Pakistan
PayFast and PayPak have partnered to launch an exclusive e-commerce discount campaign for PayPak cardholders, aimed at encouraging digital payments and boosting Pakistan’s online shopping ecosystem.
Pakistan to Route All Government Payments via Raast by FY26 to Boost Digitalisation
The State Bank of Pakistan plans to route all government payments through Raast by FY26, backed by subsidies for merchants and initiatives to reduce cash reliance, boost financial inclusion, and formalize the economy.
SBP Ties Digital Assets to Forex Law as Pakistan Advances PVARA Bill for Virtual Assets
The State Bank of Pakistan has confirmed that restrictions under the Foreign Exchange Regulation Act will apply to digital asset transfers, as lawmakers debate the Pakistan Virtual Assets Regulatory Authority Bill to establish a formal framework for the country’s crypto and digital finance regime.
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.
wAI Industries Secures $10M Growth Round Led by sAi Capital to Advance AI Swarm OS
wAI Industries raises $10 million in growth capital led by sAi Capital to accelerate development of its swarm-based enterprise AI operating system, strengthening partnerships across Pakistan’s banking ecosystem and expanding global reach.
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.
Zindigi and PayFast join forces to advance Pakistan’s digital payment landscape
Zindigi partners with PayFast to roll out advanced digital payment solutions in Pakistan, empowering businesses with secure, customizable systems and driving financial inclusion across the country.