TerraPay, a leading global payments infrastructure company, today announces a strategic equity investment from Visa, a world leader in digital payments. In addition, the companies are collaborating to connect Visa solutions to the TerraPay network to help streamline digital cross-border commerce for consumers and SMBs. Visa Direct, which facilitates the delivery of funds directly to […]

Glue42, the interoperability solution provider, today announced their participation in BNY Mellon’s award-winning “Operations-to-Operations” project. This solution streamlines communications between BNY Mellon and its clients and was jointly developed by the two firms. Glue42’s expertise in trading platforms and workflow optimization helped BNY Mellon to deliver a trading-desk-like user experience to everyday middle and back office […]

Mobilink Bank (MMBL) reported its financial results for Q1 2023, demonstrating strong business resilience in the face of challenging economic conditions. The Bank’s unaudited financial statements indicate a remarkable 48% increase in its revenue. Mobilink Bank’s strong emphasis on digital banking services enabled it to reach previously underserved communities and generate substantial revenue growth, with […]

Jubilee Life Insurance, one of the country’s largest private sector life insurance companies in collaboration with Sehat Kahani, a leading one-stop telemedicine solution recently surpassed 100,000+ consultations for policyholders with world-class doctors. A celebratory event was held at Jubilee Life’s Head Office attended by Mr. Javed Ahmed, Managing Director and CEO, Jubilee Life Insurance, Mr. […]

Paymob, the leading financial services enabler in the Middle East, North Africa, and Pakistan (MENA-P), and Pakistan’s largest interbank network, 1LINK, have announced a partnership agreement to power instant online payouts for merchants registered with Paymob via 1LINK’s payment infrastructure, with Bank Alfalah Ltd. serving as its settlement bank. This partnership represents a unique and […]

Bank Alfalah, one of the largest commercial banks in Pakistan, has made a significant entry into the venture capital ecosystem as it has signed an agreement to acquire a 7.2% equity stake worth PKR 140 million in QistBazaar, a fast-growing, Securities and Exchange Commission of Pakistan (SECP) licensed Buy Now Pay Later (BNPL) non-bank financial […]

The Board of Directors of Shell Pakistan Limited (SPL) announced the first quarter results for the company on 4th May. The company posted a loss after tax of PKR 4,762 million compared to the profit after tax of PKR 2,079 million made in the same period last year. The period witnessed the devaluation of the […]

Clara, the legal operating system that empowers tech company founders to digitally form, manage and scale their startups, has announced a new partnership with Mintz, a prominent US law firm. More than 4,000 startups around the world have created Clara accounts and the company’s partnership with Mintz marks its entry into the U.S. market. To […]

Dreams can come true with Ooredoo! Selected at random from thousands of entries to the Recharge and Win Draw, the first lucky winner of one of three MINI Coopers has had his life changed. Alongside 35 other winners of an iPhone 14, free data, and local minutes, one lucky customer, who was automatically entered into […]

Leading international communications company Ooredoo announced a strategic agreement with Axon, a global leader in connected public safety technologies. With this partnership, Ooredoo, a leading provider of Internet of Things (IoT) managed connectivity and solutions to customers across its global footprint, will be Axon’s preferred connectivity provider in the Middle East and North Africa, covering […]