Fintech
Illegal Loan Apps UdharPaisa & Barwaqt Borrowers Must Settle Loans, IHC Orders
LAAM and Neem Unify Payments for Better Cash Flow for Sellers
LAAM has collaborated with Neem to introduce a new system of payments and a wallet for an organization to its marketplace. The collaboration gives sellers…
State Bank Declares 1LINK a Designated Payment System
The State Bank of Pakistan (SBP) has formally declared 1LINK (Private) Limited a Designated Payment System, marking a major step in enhancing Pakistan’s digital financial…
Logiserve Gains NBFC License to Power Fintech for Merchants
Logiserve, a fully owned subsidiary of Secure Logistics – Trax Group Limited (SLG-Trax), has received an NBFC license from the Securities and Exchange Commission of…
Pakistan to Introduce Digital IDs for Citizens in Cashless Economy Push
Prime Minister Shehbaz Sharif has announced that the government is prioritising the creation of Digital IDs to support Pakistan’s shift toward a cashless economy. Chairing…
Mobile Wallets Gain Momentum with Over 143M Broadband Users
Minister for IT and Telecom Shaza Fatima has said Pakistan, with over 143 million broadband users, holds strong potential to move toward a cashless economy.…
Govt Sets Bold Targets to Promote Cashless Economy by 2026
The government has unveiled new national targets under the Prime Minister’s Cashless Economy initiative, tasking the State Bank of Pakistan (SBP) with accelerating the shift…
Ministry Demands Swift Raast QR Code Implementation for Utility Bills
The Ministry of Finance has directed administrative ministries and regulatory bodies to provide immediate updates on the rollout of Raast QR codes across public utility…
HBL Microfinance Bank and SUPARCO Partner for Satellite-Based Agri Lending
HBL Microfinance Bank (HBL MfB) and the Pakistan Space and Upper Atmosphere Research Commission (SUPARCO) have signed a Memorandum of Understanding (MoU) to introduce satellite-based…
Pakistani Startup Icon Backs UAE Fintech’s Record $48M Funding
Mudassir Sheikha, the founder of Careem, has joined a group of angel investors backing UAE fintech Alaan in its record $48 million Series A round.…
BISP Launches Mobile Wallet App to Boost Cashless Economy
In a high-level workshop held in Islamabad, the Benazir Income Support Programme (BISP) launched its Mobile Wallet Payment Model, marking a significant step toward a…
Govt Mandates QR Codes on Utility Bills for Digital Payments
To boost financial digitization, the government has ordered mandatory QR codes on electricity, gas, and phone bills for digital payments. In a high-level meeting chaired…
Easypaisa vs JazzCash: The Ultimate Mobile Wallet Showdown in 2025
Imagine a world where managing your money is as easy as sending a text message. Well, in Pakistan, that world is already here, and it’s…
