Pakistan’s largest digital Bank, Mobilink Microfinance Bank Limited (MMBL), launched an exciting new product, Business Plus Current Account (BPCA), as part of its strategic goal to keep supporting and strengthening businesses across the nation. Designed to facilitate entrepreneurs, especially Small and Medium-sized enterprises (SMEs), the BPCA provides access to essential financial tools and services to […]

SC Ventures announced the launch of Appro, a fintech startup that digitises, streamlines and simplifies the retail banking user journey. Backed by SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, the bank-agnostic platform aims to reduce the time taken to complete the application processes for retail banking products – such as credit cards […]

Rapyd, the leading global fintech platform, is partnering with Rakuten Viber, a worldwide leader in private and secure messaging and voice-based communication, to launch Viber Pay, introducing in-app payment transactions to the Viber app and its millions of users. Rapyd will integrate its licensed financial technology offerings directly into the Viber app. By selecting Rapyd […]

Lerex Technology has partnered with ID-Pal for their growing Identity Verification, e-Verification, AML Screening and KYC requirements. Lerex Technology’s partnership with ID-Pal and their strategic partners will support AML compliance and allow new customers to be onboarded seamlessly across many European markets. Lerex Technology is a payment provider which services include prepaid cards, digital accounts solutions […]

After successfully obtaining the In-Principle Approval from the State Bank of Pakistan for an Electronic Money Institution (EMI) license, YAP Pakistan has now entered into a strategic partnership with Faysal Bank to introduce digital financial services through the Fintech Express program. Faysal Bank’s Fintech Express program is focused on identifying and fostering fintech startups with […]

The Financial Services Innovation Lab (FSIL), which serves as an interface between the financial services industry and faculty and students at the Georgia Institute of Technology, and Fiserv, a leading global provider of payments and financial services technology with a flagship presence in Georgia, are partnering on a new initiative to better understand consumer financial health. Through this new […]

ABHI, a Pakistan-based fintech and Unveel.io, a UAE-based API-Widget are combining their expertise to offer the facility of Earned Wage Access to ride-hailing and delivery drivers in Pakistan and UAE for the first time. As the world economy struggles to get back on the rails, this comes as a ray of hope for workers. Hundreds […]

Deutsche Bank is developing its own BNPL (buy now, pay later) solution for invoice and instalment purchases in a collaboration with Vienna-based fintech Credi2. The white-label – own brand – solution for online merchants and e-commerce marketplaces in Germany can be flexibly integrated into the payment process. Pilot projects are scheduled to start this year. […]

Mobilink Microfinance Bank (MMBL), Pakistan’s Largest Digital Bank has signed a Term Life Insurance Memorandum of Understanding (MoU) with the country’s leading insurance service provider, Adamjee Life Assurance. This strategic partnership is designed to promote enhanced access to premium insurance products from Adamjee’s portfolio for customers in unserved and underserved regions through MMBL’s vast nationwide […]

Hysab Kytab – a leading FinTech that offers a suite of financial management solutions has signed a strategic partnership with Winikon – IT services company specialized in banking business to enhance the banking experience of customers. This collaboration will help in providing individual-level personalized financial management products and services to banking customers. The partnership between […]