Pakistan’s largest digital bank, Mobilink Microfinance Bank Limited (MMBL) has signed an agreement with Virtual Remittance Gateway (VRG), a veteran mobile financial services platform for banking customers, and Pakistan’s only commercial licensed Third-Party Service Provider (TPSP). Under this partnership, MMBL’s non-smartphone users will be able to use their bank accounts via Unstructured Supplementary Service Data […]

Pakistan’s largest digital bank, Mobilink Microfinance Bank Limited (MMBL) has successfully retained its market standing as a leader in terms of microcredit and micro-savings during the third quarter of the financial year 2021, as per the latest report released by Pakistan Microfinance Network (PMN). MicroWatch- A Quarterly Update on Microfinance Outreach in Pakistan, in its […]

Pakistan’s largest digital bank, Mobilink Microfinance Bank Limited (MMBL) has partnered with Daraz, Pakistan’s leading online marketplace to facilitate MMBL borrowers specifically women entrepreneurs, by enabling them to become sellers on Daraz. Through this collaboration, MMBL and Daraz will provide adequate opportunities to promote Small and Medium Size Enterprises (SMEs), more so now as the […]

IFC has welcomed Absa Bank Ltd. to its Global Trade Liquidity Program (GTLP) to boost access to trade finance in sub-Saharan Africa, especially in low income and fragile countries. Through a combined investment of $250 million, IFC and Absa Bank, one of Africa’s largest financial institutions, will channel credit to a portfolio of trade transactions […]

BlueEX has joined hands with PayPro for providing innovative eCommerce-integrated digital payment solutions to BlueEX’s Customers. BlueEX is an established eCommerce Courier & Logistics Company in Pakistan, currently in process for public listing very soon on the Pakistan Stock Exchange (PSX) as Pakistan’s first Tech-Logistics Company, while PayPro is a financial technology company offering merchant bill […]

Pakistan’s largest digital bank, Mobilink Microfinance Bank (MMBL) has won the prestigious Gender Diversity at Workplace Award (Banks) at the 18th Annual Excellence Awards Ceremony, by CFA Society Pakistan. Shaukat Tarin, Honorable Adviser to Prime Minister on Finance and Revenue graced the event as the chief guest and presented the award to Ghazanfar Azzam, President […]

Pakistan’s largest Digital Bank, Mobilink Microfinance Bank Limited (MMBL) announced unaudited financial results for the third quarter of the current financial year ended September 30th, 2021. MMBL stayed on track and powered through the third quarter reporting 53% growth in total revenue. The bank’s Profit before Tax (PBT) increased three folds in comparison to the […]

Temenos has announced that Barko, a leading microfinance company, plans to enter the retail banking market in South Africa with a new digital bank. The digitall bank built on Temenos Transact and powered by The Temenos Banking Cloud. Barko will leverage the full front-to-back services, giving the new bank total control to create banking products […]

CryptoXpress has announced the launch of its consumer app offering crypto trading and an NFT marketplace, all combined in one easy-to-use mobile solution. Its mission is to service the intersection between crypto and banking for millions of crypto users globally. One of the first of its kind, the app is now available on Android with […]

Paysafe has announced that it has extended its partnership with payments provider ZEN.COM. Paysafe’s eCash solution, Paysafecash, can now be used by individual customers as well as business clients across 25 countries in Europe to make fast and secure cash deposits into ZEN.COM’s virtual wallets. After selecting Paysafecash as the top up method in the […]