In gearing up for operational readiness, we’re excited to announce our partnership with Codebase as our technology partner. Codebase Technologies, a rapidly expanding digital banking solutions provider, has played a pivotal role in driving the success of six digital banks and numerous financial propositions across the MENA, Africa, and APAC Regions.
Relying on Codebase Technologies’s proprietary Digibank platform, Raqami digital bank is set to establish itself as a leading force in the banking-as-a-service sector in Pakistan. The fully microservices architecture-based bank-in-a-box proposition will serve as the backbone for Raqami’s innovative banking solutions.
This strategic collaboration aims to launch Pakistan’s first open API with embedded credit on a Shariah-compliant basis. Raqami and Codebase will cater to the diverse needs of the 240 million Pakistani population, with a special focus on SMEs, agricultural plots under 5 acres, women, students, and blue-collar workers, including gig and freelance workers. Raqami Islamic Digital Bank, powered by Codebase, is poised to redefine banking solutions in Pakistan.
