STZA – Special Technology Authority Act
The “Tech Destination Pakistan” initiative was announced by the IT Minister of Pakistan. This program aims to create a more favourable environment.for software development and innovation to make his country.one of the top tech players worldwide. Special Technology Zones Authority (STZA) will be established to ensure the growth of a technology-based economy by establishing special […]
Karandaaz Pakistan Joins Hands with Pakistan Fintech Network (PFN)
Karandaaz Pakistan is the first Fintech and Islamic Banking Company in Pakistan. Moreover, It is also registered under PCRA as a company limited by guarantee. Not only this but Karandaaz Pakistan is also the only Islamic banking and finance platform regulated and licensed by PCRA. Karandaaz Pakistan is a leading Islamic financial institution. Similarly, It […]
How to Open up a Bank Account in the UK and Receive Payments in Pakistan Using TransferWise?
In 2011, Transferwise was started by Skype’s first employee, Taavet Hirinkus. The transfer has now become a worldwide multi-currency service to transfer and manage assets. How to Receive Payments Through TransferWise in Pakistan? During the birth year of the company, it amounted to 10 million euros. As compared to a competitor site, Monito, it was […]
The Digital Banker Recognizes Standard Chartered Saadiq (Islamic Banking) for Various Digital CX Awards
Digital Banking has been on the rise in recent years, with more and more people moving their transactions online. This can be seen in the increasing popularity of services such as PayPal and Venmo. Standard Chartered Saadiq, a division of Standard Chartered Bank that offers Islamic Banking products and services, was recently recognized by The […]
Easypaisa Introduces Biometric Verification Feature on Easypaisa App
Easy paisa, Pakistan’s leading mobile payments platform and fintech company, has introduced a new biometric verification feature for its Easypaisa App. The move comes as the company looks to further bolster its position as a leading player in the Pakistani fintech space. This amazing new feature will allow easy paisa customers to verify their identity […]
Peer to Peer Lending Platforms in Pakistan
In recent years, fintech has been one of the most disruptive forces in the financial sector, with a number of start-ups and incumbents alike offering new and innovative ways to manage money. This can include the trend across several verticals – ranging from e-wallets to mobile and banking apps to online investment platforms. One subcategory […]
Tania Aidrus Kickstarts D-Bank, a Pakistani Digital Bank
Ms. Tania Aidrus, former Special Assistant to the Prime Minister of Pakistan, launches a fintech venture in the form of a digital bank called D-Bank. This project is funded by an established international company Kleiner Perkins. Besides them, the project is also funded by Sequoia Capital and Nubank. The venture assures that it will soon […]
Bitcoin Crosses $61,000, Ether Nears $4,000 as Cryptos Fly
Bitcoin has remained the largest and most significant cryptocurrency for over a few years now. With the cryptocurrency market maintaining the bullish trends, the capital market of the trade gained an over 3 present incline. This resulted in the asset generation worth 2.6 trillion USD. It was no surprise when bitcoin rose above the charts […]
IMF Growth Forecast Propels PSX
Pakistani investors restore their hopes due to the recent bullish trend in the stock market. According to the International Monetary Fund, it is predicted that this boost for Pakistan will continue. Being specific, the IMF has predicted for the Pakistani economy to grow 4% during the 2021-2022 fiscal year; the stock market revival had the […]
Pakistani Startup Oraan Raises $3m Seed Funding for Gender-Inclusive Fintech
Way to go women power! Oraan has successfully managed to raise 3 million dollars through seed funding via a local startup. The company is based in Karachi. Earlier, the company had raised funding from companies like Tharros, Graph Ventures and Zayn Capital. As a result, the total funds generated by the company come up to […]
Commercial Banks and State Bank of Pakistan Teamup to Introduce ‘Roshan Apna Ghar’ Scheme
“A game changer”, according to Prime Minister Imran Khan, the Roshan Apna Ghar scheme is declared to meet the current deficit. The scheme will allow non-residents of Pakistan to get the financial help to own a house in Pakistan, this will be done through Roshan Digital Account. With the help of commercial banks, SBP is […]
Leading Fintech Startups in Pakistan Posed to Put a Dent in the Local Market
Fintech is changing the economy not just in Pakistan but all around the world. If you’ve ever withdrawn money from an ATM, checked your bank statement online, transferring money using an app, or have paid or sent money online to someone through your phone, then you too are part of this multi-billion industry. Related: MNCs […]
Bank Alfalah Becomes the First-ever Pakistani Bank to Launch a Digital Banking Portal
The state bank of Pakistan has declared Bank Alfalah as the first-ever Pakistani digital banking portal where the latter took the initiative to execute a digital banking portal for their banking services. This initiative will resolve numerous queries faster and in a more organized manner. Due to the pandemic, visitation for the bank has been […]
Ignite and JS Bank Collaborate to Support the Young Entrepreneurs of Pakistan
A collaboration has been forged between JS Bank Ltd. and Ignite. JS Bank will be funding ignite in their Research and Development projects, five startups of National Incubation Centers, and freelancers. Ignite and JS Bank Ltd will be helping startups, freelancers working under Ignite’s Digiskill.pk program. The banking needs of the freelancers such as remittance […]