Tag: microfinance

Fintech Gharana Partners with Munsalik Digital to Expand Nano Lending and Digital Transaction Services in Pakistan

Fintech Gharana has joined Munsalik Digital’s transaction aggregation platform to leverage IBFT and collection services, aiming to enhance nano lending, digital payments and financial inclusion across Pakistan.

Women’s Bank Accounts in Pakistan Reach 37 Million as Gender Gap Narrows Under SBP’s Banking on Equality Initiative

The State Bank of Pakistan reports that women’s active bank accounts have risen to 37 million under its Banking on Equality policy, narrowing the gender gap in financial inclusion. Governor Jameel Ahmad announced the progress during the World Bank Group meetings, emphasizing SBP’s commitment to advancing women’s entrepreneurship and inclusive economic growth.

Daira Celebrates First Anniversary in Pakistan with PKR 1 Billion in Loans to 200,000 Customers

Fintech platform Daira celebrates its first year in Pakistan, surpassing PKR 1 billion in loans to 200,000 customers and expanding into Buy Now, Pay Later (BNPL) solutions under SECP regulation.

State Bank of Pakistan Introduces Zarkhez-e Platform to Enable Collateral-Free Agricultural Loans

The State Bank of Pakistan has launched Zarkhez-e, a new digital platform offering collateral-free agricultural loans to small and marginalized farmers, enabling end-to-end digital access through banks and microfinance institutions.

Halan Microfinance Bank Secures National License, Poised for Fintech-Driven Expansion Across Pakistan

Halan Microfinance Bank, owned by Egyptian fintech unicorn MNT-Halan, has obtained a national license from the State Bank of Pakistan, enabling a countrywide expansion of its digital financial services, including branchless banking, mobile wallets, and various lending products, aimed at broadening financial inclusion across the nation.

Mobilink Microfinance Bank Opts for Paysys to Launch Mobile, Internet Banking Platform

Mobilink Microfinance Bank Limited (MMBL) has partnered with Paysys Labs to launch their mobile and internet banking platform on...

Rethinking Microfinance – Developing a New Inclusive Finance Compass

The Rethinking Microfinance – Developing a New Inclusive Finance Compass Conference was held at Serena Hotel on December 4th...

Microfinance and Enterprise Growth – Karandaaz Report Takes Stock of Microfinance Sector

December 16, 2019: The impact of microfinance has been a subject of much debate over recent years. While numerous...

Queen Maxima Lauds PM Imran’s Efforts On Financial Inclusion in Pakistan

On her visit to Pakistan, Queen Maxima of the Netherlands called on Prime Minister Imran Khan at his office...

Queen Maxima of the Netherlands arrives in Pakistan

Queen Máxima of the Netherlands arrived in Islamabad on Monday morning. The official visit was in her capacity as the United Nations...

Tez Financial Services lands $1.1m investment

Tez Financial Services, which describes itself as “the first fully digital non-bank microfinance company (NBMFC) in Pakistan”, has raised...

PMIC And CERP Host A Roundtable on Scaling Education Financing in Pakistan

Pakistan Microfinance Investment Company (PMIC) and Center of Economic Research in Pakistan (CERP) jointly organized a roundtable in Islamabad...