Tag: Digital Financial Services

SBP Deputy Governor Saleem Ullah highlights technology and digital financial services as key tools for expanding financial inclusion across Pakistan.

HugoBank has received SBP approval to begin pilot operations, allowing it to test digital banking products with a limited customer base.

Pakistan Fintech Network welcomes SAHARA-Awami Financial, a technology-enabled NBFC dedicated to expanding credit access and digital financial inclusion.

NRB Bank PLC signs a strategic partnership with UCB Fintech Company Limited Upay to facilitate seamless fund transfers, remittance distribution, and micro savings.

Cross-border platform LemFi partners with BVNK to leverage regulated stablecoins for faster, cheaper international money transfers across global corridors.

Global cloud computing leader UCloud joins the Pakistan Fintech Network to provide scalable cloud infrastructure and AI solutions for financial services.

ABHI Microfinance Bank and PEMRA collaborate to offer digital Earned Wage Access services, allowing public sector regulatory employees to access accrued salaries.

The State Bank of Pakistan has shortlisted six local and international firms to pilot innovative digital financial solutions under its Regulatory Sandbox initiative, aimed at strengthening Pakistan’s fintech ecosystem.

Zindigi by JS Bank hosted its Global Advisory Board in Pakistan to strengthen fintech collaboration, explore investment opportunities, and integrate international best practices, highlighting the country’s growing potential as a digital finance hub.

Walee Financial Services becomes Pakistan’s first Shariah-compliant digital nano-financing NBFC, promoting ethical, transparent, and socially responsible financial services while advancing financial inclusion.

EFU Life partners with Hakeem to bring Shariah-compliant digital Takaful solutions to Pakistan, offering life and health protection through an accessible mobile platform for underserved communities.

National Bank of Pakistan partners with NIFT to launch digital cheque services, including mobile cheque deposits, enhancing banking efficiency, convenience, and security across Pakistan.