The National Incubation Center at LUMS, Lahore (NICL) has launched applications for its eighth Cohort with the aim to inspire, engage, enable and facilitate innovative entrepreneurs ready to solve critical problems for Pakistan. NICL’s goal is to partner with visionaries, intuitive problem solvers and business enthusiasts to incubate a greater percentage of businesses that address […]

Sehat Kahani, with support from United Nations Development Programme (UNDP), HEC and the Australian High Commission in Pakistan (AHC), inaugurated three Wellness Centres in leading universities of Khyber Pakhtunkhwa under its Mental Health Initiative to extend holistic mental health counselling and support services to the students on 9th June 2021. These Wellness Centres, with a […]

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 […]

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 […]

HBL and Katalyst Labs have signed a strategic partnership agreement for startup acceleration and enabling female leaders. This will further build and strengthen the entrepreneurial ecosystem of the country. HBL is shaping the future through a paradigm shift towards a ‘Technology company with a banking license’. The bank aims to form ecosystem partnerships and deliver […]

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 […]

Currencycloud has announced the official opening of its Asia-Pacific headquarters in Singapore and appointed Rohit Narang as Managing Director for the region. The new office is located in Raffles Quay which will serve as a hub to drive the London-based Fintech’s expansion throughout the wider region. According to a McKinsey study, it is already the largest […]

UPaisa and Abacus entered into a strategic partnership for the launch of a mobile application that simplifies cashless transactions and expands access to better financial services. Through the innovative offering, UPaisa shall be able to speed up time to market, offer more options to customers, enhance growth opportunities and integrate the latest technologies. The joint […]

HBL has joined forces with Hysab Kytab to launch the first comprehensive Personal Finance Manager (PFM) solution, offered for the first time by any bank in Pakistan. Hysab Kytab’s PFM (budgeting) tool is integrated into HBL Mobile and will enable all app users to take control of their financial well-being. Veqar Ul Islam, Founder of […]