OIO Holdings Limited announced the appointment of Rudy Lim, former Head of FinTech at DBS Bank, as Chief Executive Officer (CEO) of its Blockchain Division, OIO Singapore Pte Ltd. The appointment of Rudy, a FinTech expert, is expected to further accelerate OIO’s blockchain business. Rudy has been a vocal advocate of the challenges traditional banks […]

Avanza Solutions – one of the leading Fintech organizations across the globe, has entered into a strategic partnership with Hysab Kytab –a Fintech that offers a suite of financial management solutions. The collaboration will help in providing individual-level personalized financial management products and services to digital banking customers. The partnership between Avanza Solutions and Hysab […]

Based in Paris, the startup raised $18 million (approx £13.2 million) in a Series A round from its existing investors Global Founders Capital and Partech. This funding round follows the USD 4.3 million (approx. GBP 3.1 million) seed round back in May 2020. Pennylane enables businesses to access their complete, and up-to-date financial data at any […]

The National Incubation Centre Lahore (NICL) at LUMS is on a renewed mission to contribute to Pakistan’s economic development by promoting innovation and entrepreneurship. Its latest initiative, the ‘Entrepreneur in Conversation’ series, features some of Pakistan’s brightest entrepreneurial minds discussing their innovative solutions to combat the country’s many challenges. The talks are helmed by Saleem Ahmad, Chairman NICL. “We hope […]

Global Processing Services has been selected by Mastercard, the leader in global payments and technology, as its chosen processing partner in its Fintech Express Programme. As the Paytech Pioneer, GPS is an issuer processor positioned to support fintech, challenger banks, and e-wallet providers in navigating the complex payments ecosystem and supporting growth journeys from the same […]

Wahed Inc. has announced that it will acquire Niyah Ltd,  a UK-based fintech that is creating a banking app and ethical financial platform catered to the Muslim community. Wahed’s acquisition of Niyah will honour the firm’s commitment to service the UK market by offering customers access to interest-free financial products including  digital bank accounts, debit […]

The Central Bank of Oman (CBO) has launched will launch the Fintech Regulatory Sandbox (FRS) initiative on Thursday December 10th, 2020, through which participants can apply to live test their innovative Fintech solutions, that are enabled by new technologies, in a safe environment under the supervision of the CBO. The CBO therefore issued the framework […]

Uber in Pakistan has announced the launch of Uber Connect, a delivery tech solution that enables users to send/receive packages and request deliveries through the Uber app. The additional service will further support the growing community of customers and drivers who have come to depend on the technology company, especially as the country deals with […]

Careem, the Super App of the greater Middle East and Pakistan has announced to slash its restaurant commission fees to 5% with the second wave of COVID-19 hitting Pakistan and the closure of indoor dine-in. This announcement was made on Careem’s social media assets encouraging people to order more. The reduction in commission fees will […]

The online Civic Hackathon 2020, organized and presented by Telenor Pakistan, Code for Pakistan, and OPEN Islamabad was successfully concluded on Sunday. The Civic Hackathon brought together a mix of technologists, designers, urban planners, social scientists, NGOs and CSOs, and government, to approach and solve problems digitally. It was Code for Pakistan’s first-ever virtual hackathon […]