Digi Khata, Faisalabad-based fintech, and part of Telenor Pakistan’s digital accelerator program, Velocity, has raised an investment of USD 2 million. Launched early last year, the startup has already gained over a million users in Pakistan. It offers a complete financial check and balance solution for small and micro businesses to digitally maintain their accounts […]

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 […]

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 […]

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 […]

Pakistan’s technology industry has been in a constant growth stage for the last decade but this has escalated particularly in the last 3 years by almost 97%, which has resultantly led to an exponential growth of all connected sectors in the country. In a post-Covid world, understanding technology is an inevitability not only because of […]

Noon Academy, a London-based EdTech Startup with over 400,000 users in Pakistan, has entered into a Letter of Understanding with the Ministry of Federal Education & Professional Training (MoFEPT) for the provision of Digital Education in Pakistan. The LoU was signed at a ceremony held at the Federal Education Ministry in Islamabad. As per the […]

TPL Trakker, Pakistan’s leading IoT Company providing Tracking, Telematics, Mapping, and Location-Based Services and Solutions, has partnered with Mr. Mahir, an online marketplace allowing skilled and experienced local professionals, to connect with customers looking for maintenance and handyman services. Following the partnership, TPL Trakker’s Location-Based Service (LBS) APIs will power Mr. Mahir’s handyman services platform. […]

Clair, a social impact embedded fintech startup transforming how hourly employees get paid, announced a partnership with Mastercard to provide financial wellness for America’s 82 million non-exempt workers, building on the two companies’ shared mission to foster a more inclusive digital economy. Starting immediately, users who sign up for Clair will receive the Clair Debit Mastercard, which […]