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 […]

HugoBank, Pakistan’s latest digital bank led by a Singapore Consortium, today announced the proposed appointment of Atyab Tahir as Chief Executive Officer, subject to the State Bank of Pakistan’s fit and proper assessment. Following the company’s incorporation, Atyab will set up and lead HugoBank in Pakistan to offer digital banking services to people and small […]

IFZA Dubai, the UAE’s most dynamic and truly international Free Zone, has entered into a partnership agreement with Wio Bank, the region’s first platform bank, to provide IFZA Free Zone companies with quick and convenient access to digital banking services and financial solutions. Through this partnership, IFZA Free Zone companies will be able to conveniently […]

In the context of providing customers with the most advanced digital solutions to enable them enjoy its top-notch banking services in a quick and easy way, National Bank of Kuwait (NBK) launched a new service allowing customers to digitally sign all required documents related to various services including: obtaining a loan/credit card or increasing credit […]

Raqmiyat, a leading systems integrator and digital transformation solutions provider has partnered with Codebase Technologies (CBT), a leading global open API banking fintech. The partnership will accelerate digital banking transformation in UAE & KSA, with Raqmiyat serving as a regional business partner and authorized reseller of Codebase Technologies’ solutions. By leveraging the partnership with Codebase […]

Pakistan’s premier banking institution, Bank Alfalah signed an MoU with remote talent platform “Linkstar” to provide digital banking services to its freelancers. The partnership includes easy account opening for Freelancers creating a landing page on Linkstar to sell services directly to their clients via social media. In addition, Linkstar also matches their best talent with […]

VEON Ltd., a global digital operator that provides mobile connectivity and services, announces that the Group’s VEON Ventures division has completed a US$ 15 million Series A investment in Dastgyr, a Pakistan-based B2B e-commerce marketplace platform. The deal is VEON Ventures’ largest investment in a Pakistani start-up and reflects the Group’s continued commitment to the […]

Pakistan’s largest digital bank, Mobilink Microfinance Bank (MMBL) showcased its digital banking initiatives and women’s access to financial services at the ongoing Dubai Expo 2020. President & CEO MMBL, Ghazanfar Azzam shared MMBL’s efforts in promoting financial inclusion in an integral event at the Pakistan Pavilion, “Women of Pakistan: Leading a Change”, organized by the […]

Telenor Microfinance Bank, the operator of Pakistan’s leading digital payments platform Easypaisa, has gone live on Temenos’ modern core banking platform with NdcTech to power its digital banking services. By employing Temenos’s best-in-class solution and NdcTech’s implementation expertise, Telenor Microfinance Bank will be able to innovate faster and provide customers with much-needed access to digital […]

SABB and Geidea have launched a strategic partnership that combines SABB’s trusted digital banking services with Geidea’s payments acceptance technology expertise to launch the app-based “tap on phone “or SoftPoS solution under the enablement and guidance of Saudi Payments. In order to drive digital payment acceptance in the Kingdom aligned with the Vision 2030 and […]