Tag: Financial Inclusion Pakistan

Epic Angels has joined the Pre-Series A funding round of Pakistani fintech Neem, supporting the expansion of its full-stack payments infrastructure platform across key sectors of the economy.

The Government of Pakistan, in collaboration with Easypaisa Digital Bank and Ant International, emphasized accelerating the transition to a cashless economy, expanding digital payments, and enhancing financial inclusion for individuals and small businesses.

BISP introduces Social Protection Wallets and free SIM distribution to modernize welfare payments, enhance transparency, and expand digital financial inclusion for one million beneficiaries across Pakistan.

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.

The SECP has introduced sweeping amendments to Pakistan’s NBFC regulations, aimed at accelerating fintech-led lending, improving consumer protection, expanding credit access, and promoting transparency and inclusion across the financial sector.

Pakistan accelerates its digital transformation as BISP introduces one million digital wallets for cashless payments, integrating government services with Raast platform to expand financial inclusion.

Bank Alfalah partners with Euro Oil Pakistan to deploy Raast P2M QR payments at over 150 fuel stations, advancing Pakistan’s cashless economy and promoting convenient digital transactions nationwide.

JS Bank and Visa extend their strategic partnership in Pakistan to enhance digital banking, promote financial inclusion, and deliver innovative payment solutions for consumers and businesses.

The State Bank of Pakistan has unveiled InvestPak, a new digital platform enabling individuals and corporates to invest in government securities online. The portal allows account opening, auction participation, secondary market trading, and automated portfolio management, aiming to increase transparency, streamline processes, and promote financial inclusion.

The Securities and Exchange Commission of Pakistan (SECP) has partnered with Mobilink Microfinance Bank, Easypaisa Bank, and Raqami Islamic Digital Bank to facilitate same-day corporate account opening for newly registered companies. This initiative, aligned with SECP’s “Paper to Platform” vision, aims to promote ease of doing business, financial inclusion, and a startup-friendly digital ecosystem in Pakistan.

Pakistan’s digital payments ecosystem continues its rapid growth, with a 38% year-on-year increase in transactions, rising digital adoption across retail payments, and expansion of branchless banking agents and QR-enabled merchants nationwide.

Dubai Islamic Bank Pakistan has signed a multi-product agreement with Fauree to expand its Shariah-compliant offerings for corporate, SME, and consumer sectors, reinforcing its leadership in Islamic banking and supporting financial innovation and inclusion.