Mobilink Microfinance Bank Limited (MMBL), the largest digital bank in Pakistan, has partnered with foodpanda HomeChefs, the nation’s leading platform for home-based restaurants, and AdalFi, a Techlogix subsidiary focused on digital financing, to initiate short-term micro-financing solutions for household chefs. Being a first-of-its-kind initiative, this strategic alliance will offer weekly loans of up to PKR […]

U Bank has joined hands with the National Bank of Pakistan (NBP) for the promotion of financial inclusion in the country. Kabeer Naqvi, President and CEO, U Microfinance Bank Limited (U Bank), and President and CEO, National Bank of Pakistan (NBP), Arif Usmani signed an MOU of strategic partnership between the two organizations. This collaboration […]

President & CEO U Microfinance Bank Limited (U Bank) Kabeer Naqvi and President & CEO MCB Bank Limited (MCB) Shoaib Mumtaz signed a Memorandum of Understanding (MOU) of strategic partnership to promote financial inclusion in the country. This collaboration between the institutions will establish a long term, stable and mutually beneficial strategic partnership. This strategic […]

Easypaisa, Pakistan’s leading digital payments platform has partnered with Barwaqt, an evolving instant loan disbursal service. Through this partnership, Barwaqt’s loan collection and disbursement processes will be digitized through Easypaisa’s best-in-class financial solutions. This partnership is the latest in a series of seamless integrations done by Easypaisa through its open API platform. Barwaqt is an […]

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 […]

Pakistan’s leading fintech JazzCash, in collaboration with Mastercard, is strengthening the country’s digital payments ecosystem. JazzCash users will now be able to apply for a physical or virtual Mastercard Debit Card and make payments to merchants accepting Mastercard QR payments. The new Mastercard Debit Card will be available to all JazzCash users via a hassle-free […]

The pioneer microfinance institution in Pakistan – Khushhali Microfinance Bank is celebrating its 21st year of services for socio-economic uplift of the marginalized & unbanked segments of the market. The anniversary was celebrated with great enthusiasm across the bank’s network both physically and digitally, via virtual conference. Established in the year 2000, Khushhalibank’s success has […]

Path Solutions, a global Islamic fintech house and Soneri Mustaqeem, an Islamic Banking Division of Soneri Bank Limited, announce the selection of iMAL Sharia-compliant Profit Calculation System to ensure industry’s best practices for Sharia compliance. By integrating iMAL with Temenos T24 core banking platform, this new Pool Management System will help Soneri Mustaqeen emerge as a modern data-driven Islamic banking division, […]

UK-based global fintech Revolut has announced the appointment of Paroma Chatterjee as its CEO in India. Prior to joining Revolut, Ms Chatterjee held senior executive roles at Lendingkart, Via.com, Flipkart and Airtel Money. She is a renowned leader in the fintech and consumer tech industry, and was named as one of the Top 25 Women […]

UAE-based LuLu Financial Holdings appoints former ADGM FSRA CEO Richard Teng to Its Board of Directors. The high-profile appointment of Richard Teng, who is credited with playing a significant role in putting Abu Dhabi on the global fintech & fin-services map, coincides with LuLu Financial Holding’s ongoing global diversification AND investment strategy in the financial […]