Tag: Fintech Pakistan

Karachi Water & Sewerage Corporation launches its Unified Mobile App and shifts bill collection to the 1BILL platform, enabling real-time digital payments, wider payment channels, and improved service reliability across Karachi.

Abhi Microfinance Bank and 1LINK collaborate to launch 1GO Raast P2M services, enabling merchants to accept seamless digital payments and promoting cashless transactions across Pakistan.

Punjab IT Board signs agreement with Bank of Punjab to advance PayZen digital payment platform, enabling secure, instant payments, QR code facilities, and API integration.

SLG-Trax has received overwhelming shareholder approval to acquire a FinTech software suite, marking its strategic entry into digital lending and expanded e-commerce services in Pakistan.

Pakistan signs MoU with SC Financial Technologies LLC to enhance digital payment systems, cross-border transaction frameworks, and fintech infrastructure, boosting the country’s integration into global digital finance.

Pakistan’s Ministry of Finance signs MoU with SC Financial Technologies LLC to explore secure digital payment infrastructure, cross-border settlement innovations, and the potential use of the USD1 stablecoin.

Pakistan’s proactive crypto regulations, tokenization initiatives, and tech-savvy population position the country to become a global leader in digital assets by 2030, attracting international investment and innovation.

Octans Digital has signed a contract with Keenu to provide secure, resilient, and highly available infrastructure for mission-critical applications, strengthening digital payments and enterprise operations in Pakistan.

JazzCash and Binance have signed an MoU to explore potential collaboration for the responsible growth of virtual assets in Pakistan, aligned with the country’s evolving regulatory framework and the establishment of PVARA.

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.

The State Bank of Pakistan and PVARA held discussions on launching a virtual currency and creating a regulatory framework for virtual assets. The move follows a MoU with Binance to explore blockchain-based tokenization of government bonds, treasury bills, and other federal assets worth up to $2 billion.

Pakistan’s PVARA clarifies that NOCs issued to Binance and HTX are not blanket approvals but part of a structured, risk-mitigated framework for cryptocurrency regulation, emphasizing transparency, compliance, and local ecosystem development.