Digital Pakistan
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 […]
Wateen Telecom, a leading ICT company with a fiber infrastructure across 250 cities in Pakistan, has signed an agreement with Huawei Pakistan to modernize its countrywide data transmission network. Wateen will be deploying a state-of-the-art Optical Transmission Network from Huawei to revolutionize the digital landscape of the country. The agreement was signed in Lahore at the […]
Amidst the growing trend toward eco-conscious spending and consumption among people who want to pursue more sustainable choices and practices, Mastercard has released its Mastercard Carbon Calculator for the Middle East & Africa and Pakistan. Developed in collaboration with the Swedish fintech Doconomy, the Mastercard Carbon Calculator is a feature that provides access to insights […]
The Top 50 Kantar BrandZ™ Chinese Global Brand Builders 2021 Ranking report, jointly published by Google and KANTAR, was unveiled in Pakistan. OPPO was ranked #6 and was selected as the Outstanding Chinese Global Brand Builder. As a leading global smart device brand, OPPO has been featured on the list for five consecutive years, and […]
Telenor Pakistan’s digital accelerator program, Telenor Velocity is excited to announce the startups for its much anticipated 7th cohort, this time in partnership with Telenor Microfinance Bank / Easypaisa. The startups were welcomed onboard in a virtual orientation session, with keynote addresses by Irfan Wahab Khan, CEO Telenor Pakistan and M. Mudassar Aqil, CEO Telenor […]
ESPL, one of the world’s largest esports firms, has partnered with REDtone Digital Services (RDS), to bring electronic gaming to Pakistan. By focusing on grassroots tournaments, they will be bringing in massive gaming titles like PUBG Mobile, Valorant, Mobile Legends, etc, officially to the Pakistani audiences. It is a historic moment for the Pakistani market […]
The Pakistan Credit Rating Agency Limited (PACRA) has upgraded Jazz’s long-term rating to the highest credit quality of ‘AA’ with a stable outlook. The rating depicts the strong financial depth of the company in the industry. This review was conducted by incorporating the company’s business profile and performance with the long-term rating dependent upon the […]
PayFast, the indigenous payments solution by APPS, is now the first payment gateway in the country to receive a commercial license from the State Bank of Pakistan (SBP) under its rules for Payment System Operators / Providers (PSO/PSP). PayFast enables merchants, billers, and aggregators to receive payments from their customers through a variety of methods […]
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 […]
HBL becomes the first bank in Pakistan to invest in a digital fintech startup with its Rs. 176 Million (USD 1.15 Million) participation in the last tranche of Finja’s Rs. 1.56 billion (USD10.15 Million) Series A1 round. HBL joins an impressive list of leading global fintech funds that have invested in Finja including BeeNext, Vostok […]