State Bank of Pakistan names five successful digital bank applicants
The country’s central bank and regulator expects these new digital banks to promote financial inclusion.
The country’s central bank and regulator expects these new digital banks to promote financial inclusion.
The bank will deploy Finastra’s end-to-end working capital solution, Fusion Trade Innovation.
The central bank says it has taken this decision to “protect the interest of the public at large”.
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Allied Bank will support merchant and business acquisitions and enable payments in-store, online and in-app.
A handy round-up of recent funding endeavours of fintech companies across India and Pakistan.
The investment round was co-led by Sequoia Southeast Asia and Kleiner Perkins.
Start-up says the funding will support expansion into Saudi Arabia, Pakistan, Ghana and Egypt.
ZoodPay enters Pakistan as a new player in its growing digital lending and fintech space.
YAP Pakistan hopes to address the challenges consumers face in the foreign remittance market.
The deal will also see Systems Limited acquire NdcTech’s subsidiaries in the UAE and Singapore.
A handy round-up of the recent funding endeavours of Asian fintech firms.
Funds will be used to expand its team and build out marketing capabilities.
Pakistan’s central bank is looking for a new chief technology officer (CTO).
The latest investment takes Bazaar’s total capital raised to more than $100 million.
The integration of the PFM solution forms part of the bank’s ongoing digitisation strategy.
It is understood the new tech will replace the legacy Equation system from Temenos’ rival, Finastra.
Zindigi says the country has many banks, “but not many banking experiences”.
Our weekly ‘In Case You Missed It’ funding round-up for you to get the latest funding news.
The company will use the cash to expand into more emerging markets.
Temenos wins another customer in Pakistan, NdcTech to implement.
HBL joins other fintech funds invested in Finja including BeeNext, and Vostok Emerging Finance.
It allows customers to write and issue a check “instantly”.
All Pakistani banks will need to provide debit cards to users who don’t already have one.
Oraan’s research found that savings – particularly for women – just wasn’t tapped into.
Government hopes Raast can host a collection of payment types.
The digital and tech teams of the banks need to “think out of the bank”.
Oracle’s system to run alongside Temenos T24 for retail.
The new corridors span the Middle East, and into South East Asia and Africa.
The upgrade “promises to set an industry standard for Islamic banking in the country”.
Gojek is Indonesia’s most valuable start-up.
The Securities and Exchange Commission of Pakistan received 32 applications.
The digital wallet aims to deliver three million cards over the next five years.
New mobile wallet will target Pakistan’s underbanked and freelancer market.
Pakistan is the fourth fastest growing global economy for freelance worker revenues.
Pakistani institution uses NDC as implementation partner.
One of Pakistan’s largest Islamic banks to implement Oracle’s Banking Digital Experience.
The telco’s off-shoot financial services are fast becoming serious revenue streams.
Pakistan-based bank selects Fusion Trade Innovation.
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