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 […]

Easypaisa, Pakistan’s leading digital payments platform, has partnered with Munsalik Digital (MDPL) to streamline the latter’s operational capabilities. Through this partnership, Munsalik will be able to disburse and collect loan repayments through Easypaisa’s widespread branchless banking network, thereby introducing efficiencies, process standardization, and improving the customer’s journey. MDPL has been digitizing the customer on-boarding process […]

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 […]

JazzCash, Pakistan’s leading fintech, has launched the country’s first-ever digital account for teenagers, the ‘JazzCash NextGen Account’. This account will allow adolescents between the ages of 12 and 17 years to receive their pocket money and make all their payments digitally. The JazzCash NextGen account will give young account holders access to the digital wallet […]

Mobilink Microfinance Bank Ltd. (MMBL) and the Lahore Chamber of Commerce and Industry (LCCI) have signed a Memorandum of Understanding (MoU) for the provision of a wide array of banking products including digital banking solutions for the financing needs of LCCI member companies, particularly those belonging to the SME sector. The MoU was signed by […]

Mobilink Microfinance Bank Limited (MMBL) has been recognized as Pakistan’s largest microfinance bank in terms of growth in borrowers and savers during the first quarter of the financial year 2021. The latest issue of MicroWatch, a quarterly report on the country’s microfinance industry released by Pakistan Microfinance Network (PMN), reported that MMBL successfully increased its […]

Ooredoo Qatar, Mastercard, and QNB have announced the launch of the first-of-their-kind Ooredoo Money Virtual Prepaid Card and Contactless Tap & Go Mastercard cards in Qatar. In line with the Qatar National Vision 2030, Ooredoo is committed to further driving the digitalization of the economy in the country and ensuring the rollout of the latest […]

Decagon Pakistan Pvt Ltd. (Golootlo) has entered into an agreement with BankIslami, which will allow the bank’s PayPak debit card customers to seamlessly access Golootlo discounts nationwide as part of the PayPak Loyalty Program. Customers with PayPak EMV Debit Cards issued by BankIslami will now be able to swipe their cards and avail themselves a range of […]

PayPro, one of Pakistan’s fastest-growing fintech companies which focuses on B2B and B2C payments, was awarded a PKR 7.473 million Innovation Grant by the USAID Small and Medium Enterprise Activity (SMEA) to digitize the MSMEs (Micro, Small and Medium-sized Enterprises) who’re looking to collect payments through digital channels. The grant will allow PayPro to invigorate […]

In line with its commitment to strengthening the pillar of connectivity and providing high-quality broadband services across the length and breadth of the country, Telenor Pakistan has bagged the Network Transformation Award for the “USF – Extreme remote coverage program for community support” in the “Community Crisis Support” Category at Layer123 World Congress. Network Transformation […]