The 6th Edition of The Future Summit concluded on Thursday with eminent foreign and local delegates speaking on diverse topics aimed at recommending a futuristic direction to the corporate sector, policymakers, and stakeholders of the country. Hosted by Nutshell Group, the Summit continued to explore the realm of disruption at a local hotel in Karachi. […]

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 […]

Magnati, a regional leader in the payment solution industry, and Sapaad, a leading restaurant-tech company that provides cloud-based software and services in the F&B industry, signed a memorandum of understanding. Following this partnership, Sapaad and Magnati will offer F&B business owners the ability to perform seamless operations and provide a use-case-driven product offering to all […]

Yalla Card & Super App have acquired more than 1 Million users in less than 8 months from launch which is an unprecedented achievement in Egypt & the Middle East in both the fintech and the financial services domains. Although this achievement has never been seen before, but it didn’t come as a surprise given […]

Tonik, Southeast Asia’s first digital-only bank, launches as the first neobank in the Philippines.  Tonik brings to the market a revolutionary and completely branchless way of banking on a highly secure mobile platform that sets out to fundamentally disrupt the Filipino retail banking industry.  Tonik is supervised by the Bangko Sentral ng Pilipinas (BSP).  Its deposits are insured by the Philippine Deposit Insurance Corporation (PDIC).  Tonik’s unique cloud-based solution is powered by global financial technology leaders […]

Islamabad based Roomy Hotels (Private) Limited (“Roomy.pk”) announced today that it has closed a $1 million Pre-Series A round led by Lakson Venture Capital. Other investors in the round are Karavan VC and a syndicate of Angel Investors. Roomy.pk is a business sharing the budget hotel market economy with unbranded hotel property owners making it […]

Jubilee Life Insurance, Pakistan’s leading insurance provider in the private sector is partnering with EasyInsurance.com.pk, the country’s fastest-growing insurance aggregator to offer cutting-edge insurance policies at the consumers’ fingertips through a dedicated online buying platform. During the first phase of this platform going live, Jubilee Life will be offering instant term insurance plans for life […]

SadaPay today announced the appointment of Tayseer Ali as Chief Financial Officer. He was most recently serving as the CFO of Mobilink Microfinance Bank, the bank behind the 20 million mobile wallet accounts of JazzCash. Prior to his tenure at Mobilink, Tayseer served as the CFO of Pak China Investment Company under Chairmanship of Dr. […]

Sadapay, a leading player in the digital financial services arena in Pakistan, Sadapay announced to appoint Jon Sheppard as its Chief Technology Officer (CTO). Jon previously served as CTO Financial Services at Gojek, a $9.5 billion tech company with over 120 million users on their platform. The Indonesian super app has been revolutionizing digital banking […]