Fintech News Pakistan

Mashreq Pakistan has become the first bank in the country to launch pilot operations as a digital retail bank, following the issuance of a restricted license from the State Bank of Pakistan (SBP). Read more: https://lnkd.in/dznu65xZ Mashreq, Mashreq NEO, Mashreq Corporate & Investment Banking Group, Muhammad Hamayun Sajjad, Fernando Morillo #FintechNewsPakistan #MashreqPakistan #SBP #Approval #DigitalRetailBank #RetailBank #DigitalBank #Fintech #Pakistan #PakistanFintechNews

VEON Group has announced a transformative $15 million #investment into Mobilink Microfinance Bank Ltd, marking the first major foreign direct investment (FDI) in Pakistan in 2025. The #funding aims to advance digital financial solutions, promote financial inclusion, and foster a cashless economy in the country. Read more: https://lnkd.in/dkUd-2ye VEON, Mobilink Microfinance Bank Ltd, Aamir Ibrahim, Haaris Mahmood Chaudhary, JazzCash #FintechNewsPakistan #VEON #MobilinkBank #Investment #Funding #Fintech #FinancialInclusion #Microfinance #Pakistan #PakistanFintechNews

ADGM, the international financial centre of the UAE’s capital, has announced an updated fee schedule for obtaining and renewing an ADGM commercial licence. Effective from 1st January 2025, fee reductions of 50% or more apply to non-financial and retail businesses within the #ADGM jurisdiction. Read more: https://lnkd.in/dQiEV-Ak ADGM, Hamad Sayah Al Mazrouei #FintechNewsPakistan #ADGM #LicenceFee #AbuDhabi #fintech #UAE #MiddleEast #PakistanFintechNews

In a major step toward enhancing customer convenience and driving digital transformation, Zarai Taraqiati Bank Limited (ZTBL) and Bookme.pk have signed a landmark agreement. This #partnership is set to unlock new opportunities for digital integration, leveraging #ZTBL’s extensive #financialservices expertise and Bookme.pk’s leading-edge online #ticketing platform. Read more: https://lnkd.in/d7pBhe96 Zarai Taraqiati Bank Limited, Bookme, Faizan Aslam, Zeeshan Mazhar, Muhammad Rehmatullah Khan, Tahir Bhatti #FintechNewsPaksitan #ZTBL #Bookmepk #TicketingPlatform #AgriBanking #FinancialInclusion #Tech #fintech #Pakistan #PakistanFintechNews

Global digital operator VEON Group reaffirms its confidence in the growth potential of Pakistan’s #microfinance sector and Mobilink Microfinance Bank Ltd by investing USD 15 million in fresh capital to drive the bank’s strategic ambitions. The capital injection will empower Mobilink Microfinance Bank Ltd to expand its offerings in Micro, Small, and Medium Enterprise (#MSME) financing, explore #Islamicbanking, and accelerate its ongoing transition into a technologically advanced, future-ready #digitalbank. Read more: https://lnkd.in/dbVa-j7r VEON, Mobilink Microfinance Bank Ltd, Aamir Ibrahim, Haaris Mahmood Chaudhary, Lasha Tabidze #FintechNewsPakistan #VEON #MobilinkBank #MicrofinanceBank #MMFB #Investment #DigitalBanking #IslamicBanking #FinancialInclusion #Pakistan #PakistanFintechNews #Fintech

Abu Dhabi’s Mubadala Investment Company accounted for about 20% of the almost $136.1 billion spent by sovereign wealth funds worldwide last year, overtaking Saudi Arabia’s wealth fund amid a surge in spending from Gulf countries. Mubadala and its subsidiaries deployed $29.2 billion in 2024, up from $17.5 billion invested in 2023, based on a preliminary annual report from industry specialist Global SWF, which tracks the world’s sovereign #investment funds. Read more: https://lnkd.in/dVTHwxwx Mubadala, Dr. Saleh Al Mansoori, Yasir Al Rumayyan, Mubadala Capital, Khaldoon K Al Mubarak #FintechNewsPakistan #Mubadala #PIF #WealthFund #Investment #AbuDhabi #UAE #SaudiArabia #KSA #MiddleEast #PakistanFintechNews

Leadership Edge: Rao Muhammad Qaisar joined as Chief Operating Officer (COO) at Halan Microfinance Bank! We're excited to share that Rao Muhammad Qaisar has taken the helm as Chief Operating Officer (COO) at Halan Microfinance Bank. We extend our heartfelt welcome to Rao Muhammad Qaisar and are confident that his leadership and wealth of experience will bolstering the success of Halan Microfinance Bank. Rao Muhammad Qaisar, Halan Microfinance Bank. #HalanMicrofinanceBank #PakistaniTalent #Fintech #Innovation #Fintechnews #CareerGrowth #FintechnewsPakistan #PakistanFintechnews #COO #Successjourney #Pakistan #Jobs #Leadership #FintechLeaders #fintech #Pakistan #FintechinPakistan #Leadership #FintechLeadership #DigitalInnovation #FinancialInclusion #FintechTransformation #Jobs #TechLeader

#Bitcoin more than doubled in 2024 driven by the U.S. markets regulator’s approval for exchange-traded funds tied to its spot price, and optimism over easing regulatory hurdles with Donald Trump set to return to the #WhiteHouse. Read more: https://lnkd.in/dssrNbKU #FintechNewsPakistan #Bitcoin #ETFApproval #Crypto #CryptoCurrency #Blockchain #Web3 #Tokenization #Fintech #PakistanFintechNews

Devsinc, one of #Pakistan’s largest IT companies and a growing global force in technology innovation has announced a 100% #acquisition of Alchemative Group, a leader in #eCommerce and #digitalretail solutions. Read more: https://lnkd.in/d7mQ_kpy Devsinc, Alchemative, Usman Asif, Muhammad Umar Farooq Rana, Jawad Firdous, Qamar Abbas Sipra #FintechNewsPakistan #Devsinc #Alchemative #Acquisition #eCommerce #DigitalRetail #Fintech #Pakistan #UAE #KSA #Tech #Innovation #PakistanFintechNews  #UnumPay

Meezan Bank Limited, Pakistan’s leading #Islamicbank, has announced a strategic #partnership with Ekkel AI to implement a #GenerativeAI initiative aimed at revolutionizing banking operations, enhancing employee productivity, and delivering unparalleled customer experiences. Read more: https://lnkd.in/ddKEpSXK Meezan Bank Limited, Ekkel AI, Shoaib Ahmad, Amir Ali, Shariq Mubeen, Ahsan Memon, Nadeem H. #FintechNewsPakistan #MeezanBank #EkkelAI #Partnership #GenerativeAI #Banking #IslamicBanking #Pakistan #Fintech #PakistanFintechNews #DigitalBanking