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 […]

Jazz, Pakistan’s number one 4G operator, and the largest internet and broadband service provider have partnered with Network Cloud pioneer Alkira,®Inc. to deploy the company’s Cloud Networking as-a-Service(CNaaS) offering. The Alkira integration with Jazz’s Cloud portfolio provides enterprises the ability to deploy a multi-cloud network in minutes, with the flexibility to turn services on and […]

Africa is home to the second-largest banking market in the world in terms of growth and portability. Digital transformation of the BFSI sector is no longer an attractive option, in fact it is now a need and imperative for banks to survive. Too many non-banking players have entered the market, making complete use of the […]

JazzCash, Pakistan’s leading fintech with over 13.1 million monthly active users, has released a new, revamped version of its consumer app. The all-new JazzCash app not only comes with a completely redesigned user-centric interface but also adds exciting new features to make the experience better than ever before for the JazzCash family. The design team […]

Azentio Software (“Azentio”), a Singapore-headquartered software products business owned by funds advised by Apax, is pleased to announce the signing of a binding agreement to acquire certain software assets from Path Solutions (including the flagship products iMAL™, iSHRAQ™, Path Digital, and Path Analytics), a leading provider of core banking software. The transaction is contingent on obtaining relevant regulatory approvals and […]

We are thrilled to announce that Path Solutions has emerged as a winner in the category ‘Best Islamic Fintech Company’ of the World Economic Magazine Awards 2021. Mohammed Kateeb, the Group Chairman and Chief Executive Officer of Path Solutions, commented, “At Path Solutions, we aim to create banking software solutions that enhance business operations and efficiently deliver […]

In a bid to facilitate both consumers and merchants, QisstPay, an upcoming mobile phone app, is entering the world of Fintech and e-commerce with a novel service being introduced in Pakistan – the Buy Now Pay Later (BNPL) initiative. With its BNPL service, QisstPay aims to expedite the growth of e-commerce in the country, providing […]

Ignite National Technology Fund, a company with the Ministry of IT and Telecom, showcased Pakistani startups at 4YFN (4 Years From Now), the startup event of Mobile World Congress which enables startups, investors, and large corporations to connect and launch new business ventures together. 4YFN supports startups, incubators, and accelerators who want to project the creativity […]

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 […]

Smart Fintech launches SmartPay, the first alternative payment solution through Open Banking authorized by NBR in Romania. The fintech aims to execute in 2021 a number of several thousand payments per month through the SmartPay solution and expects the Open Banking competition to start in Romania. SmartPay is the first account-to-account payment initiation service that […]