Tabby, one of MENA’s leading shopping and financial services apps, has raised $58 million from Sequoia Capital India, STV, PayPal Ventures, Mubadala Investment Capital, Arbor Ventures and Endeavor Catalyst in a Series C round which values the company at $660 million. The fundraise will be used to expand Tabby’s product line into next-gen consumer financial […]

HABIBMETRO Sirat – The Islamic banking brand of HABIBMETRO Bank, organized the first HABIBMETRO Sirat Islamic banking summit which was attended by various stakeholders including SBP, PSX & SECP officials as well as CEO’s and Shariah Board Members of various banks, Shariah scholars, and businessmen. The Summit was held in honor of the visit of […]

Microsoft for Startups Middle East, in partnership with the Abu Dhabi Investment Office (ADIO), graduated the latest cohort of tech startups from its GrowthX Accelerator program. The conclusion of the cohort was celebrated during a Demo Day event, hosted at Abu Dhabi’s financial centre, Abu Dhabi Global Market (ADGM), with attendees including startup founders, government […]

The 4th Financial Crime Summit will be held this week on January 14, 2023 in Karachi, with the theme ‘Post-FATF Financial Crime Action Plan – Continuing the National Anti-Financial Crime Agenda’. The Summit is being organized by Dellsons Conferences under the banner of Dellsons Associates, together with its Knowledge Partner, A. F. Ferguson & Co., […]

China Mobile, Parent company of Pakistan’s leading telecommunications network, Zong 4G, promoted its first digital payments solution ‘PayMax,’ during an exclusive product showcasing event at Zong HQ in Islamabad. This strategic venture aims to empower the people of Pakistan with a financial solution that is secure, unique and ensures inclusion in the unbanked sector of […]

Finalis, a rapidly growing investment-banking-as-a-service platform for dealmakers, recently launched its state-of-the-art platform, Finalis Marketplace. The platform allows investment bankers, placement agents and M&A advisors to offer, find and promote deal collaboration with other dealmakers in real-time without the risk of revealing their clients’ identity. Finalis provides a unified white-labeled broker dealer platform that ensures […]

National Finance, Oman’s leading finance company, has signed an agreement with Danube Home, a major home improvement and furniture retail brand in Oman, to offer consumer-financing options to customers for home refurbishments. This financing option enables both partners to serve a broader customer base and boost sales, as well as allow customers to purchase high-quality […]

JazzCash, Pakistan’s leading Fintech, and Central Directorate of National Savings (CDNS), Pakistan’s largest investment and financial institution, signed a Memorandum of understanding (MoU) for Disbursement and Collection solutions. Through this partnership JazzCash, a subsidiary of Jazz, and a part of VEON Group and CDNS will ease payment solutions for more than four million people, including […]

Pakistan’s largest digital bank, Mobilink Microfinance Bank Limited (MMBL) has signed a strategic partnership with Quwat, the fintech arm of Industrus – a tech service provider catering to the needs of millions of consumers across Pakistan, to offer a robust portfolio of digitally innovative financial products and solutions to individuals as well as Small and […]

A high number of salaried individuals live paycheck to paycheck and are in a constant state of worry about their finances. It’s no shock that the working class in developing countries like Pakistan is battling pressured financial obligations amid rising inflation. If you’re a breadwinner depending on a payout after every 30 days (or longer […]