Fintech
Forbes Labels Pakistan a Fintech Rising Star: Sector Raises $391M
Pakistan is finally stepping out of the regional shadows. Long eclipsed by India’s dominance, Pakistan has emerged as a “rising star” in the world of financial technology. A recent report by Forbes confirms that investor confidence is back, and regulatory…
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Govt Moves to Make Raast QR Payments Compulsory Nationwide
2 min read
Pakistan is set to undergo a major shift in its retail landscape as the government moves to legally mandate Raast QR payments across the country.…
Islamabad Goes Cashless with CDA’s New Digital One-Window System
2 min read
The Capital Development Authority (CDA) has officially launched a cashless One-Window Directorate in Islamabad, marking a major step toward making the capital a model cashless…
Millions at Risk as JazzCash, Easypaisa Accounts Face Biometric Deadline
2 min read
A new State Bank rule has disrupted digital banking services in Pakistan, affecting millions of JazzCash and Easypaisa users nationwide. The central bank has made…
JazzCash Partners with KTrade to Enable Stock Trading Via Mobile App
2 min read
In a major step towards financial inclusion, JazzCash has partnered with KTrade Securities to enable real-time stock trading on the Pakistan Stock Exchange (PSX) directly…
Unexpectedly, PSO Leans Heavily on Fintech: The Full Story of Payvay, Partnerships & Risks
5 min read
Pakistan State Oil (PSO), the country’s largest oil marketing company, is undergoing one of the boldest strategic pivots in its history. After quietly dissolving its…
Barq: Saudi Fintech Gets SBP Approval to Launch EMI in Pakistan
2 min read
Saudi Arabian fintech giant barq has secured In-Principle Approval (IPA) from the State Bank of Pakistan (SBP) to set up an Electronic Money Institution (EMI)…
Daira Marks One Year of Empowering Pakistan’s Unbanked Population
3 min read
Mobile-first digital nano-lending platform, Daira marked its first anniversary of operations in Pakistan with a renewed commitment to advancing financial inclusion and access to finance…
Digital Banking Users in Pakistan Surge Past 96 Million
2 min read
Pakistan is witnessing a remarkable rise in digital banking users, marking a major milestone in the country’s move toward a cashless economy. Recent data shows…
ECB Selects AI Firm to Tackle Digital Euro Fraud Risks
2 min read
The European Central Bank (ECB) has chosen Portuguese artificial intelligence firm Feedzai to design fraud detection systems for its upcoming digital euro, marking a major…
SBP Clarifies 2 Hours Cooling Period in Digital Funds Transfer
2 min read
The State Bank of Pakistan (SBP) has clarified that the 2 hours cooling period does not affect digital funds transfer, which remains instant. According to…
EU Plans to Block US Tech from Financial Data Access
2 min read
The European Union is moving forward with strict new rules under the Financial Data Access (FiDA) regulation, which could block US tech giants like Apple,…
Has Sadapay Introduced Ads On Transaction Screens? Let’s Break it Down
3 min read
SadaPay, one of Pakistan’s fastest growing digital banks, has quietly begun rolling out ads on its transaction success screens, marking a first for local fintech…
SECP Issues NBFC Permits to Expand Digital Lending and FDI
2 min read
The Securities and Exchange Commission of Pakistan (SECP) issued an Investment Finance Services licence to Foremost Financial Services Pvt Ltd to operate as a Non-Banking…
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