ISLAMABAD: Haball (Private) Limited, Pakistan’s leading non-banking corporate aggregator in the B2B space announced that it has received In-Principle Approval (IPA) from the State Bank of Pakistan (SBP) for a Payment System Operator/Payment Service Provider (PSO/PSP) authorisation. This milestone marks another significant achievement for the fintech, following its August 2024 inclusion as a Raast Payment […]
Sialkot, Pakistan, August 22, 2025 – Alibaba.com, a leading global business-to-business (B2B) e-commerce platform, today celebrated the nation’s top e-commerce businesses at the KEL Awards 2025 ceremony while launching its enhanced Trade Assurance 2.0 service in Pakistan. The event brought together key industry leaders, including Omer Khalid, Vice President of SCCI and Sayyed Ahmad Masud, […]
National Bank of Pakistan (NBP) on occasion of 78th Independence Day of Pakistan, and 75th anniversary of NBP, launched the NBP Amirah PayPak Pink Debit Card, the country’s first PayPak debit card exclusively for women who hold an Aitemad Islamic Amirah account. This unique card is designed to give women greater convenience, security, and financial […]
KARACHI: Systems Limited (PSX: SYS) has reported a profit after tax (PAT) of Rs. 2.65 billion (EPS: Rs. 1.81) for the second quarter of calendar year 2025 (2QCY25), up 59% compared to Rs. 1.67 billion (EPS: Rs. 1.15) in the same period last year. The surge in earnings was largely driven by higher technology services […]
All relevant ministries, departments, and regulatory bodies instructed to begin the process of enabling Raast QR codes ISLAMABAD: The Ministry of Finance has sought update on implementation of printing of Raast QR code in public utility companies which has been launched by the State Bank of Pakistan (SBP). In a letter addressed to the administrative […]
Jazz, Pakistan’s leading digital operator, invested PKR 25.5 billion and reported a strong growth of 17.7% in the first half of 2025, underscoring its commitment to driving Pakistan’s digital transformation. The investment focuses on expanding 4G coverage, scaling digital platforms, and accelerating financial inclusion, ensuring that millions of Pakistanis benefit from affordable, high-quality digital services. […]
More than two decades ago, Veronica Studsgaard found herself navigating the complexities of a new business in an unfamiliar industry. With limited access to peers and no clear platform for collaboration, she recognised a critical gap in the cross-border payments sector. Determined to create a space for knowledge exchange, partnership and innovation, Veronica founded the International Association […]
Karachi, Pakistan – Kuickpay has announced a strategic partnership with Visa, the world leader in digital payments, to launch an innovative Business Payment Service Provider (BPSP) platform. This collaboration aims to modernize business-to-business (B2B) payments and invoice financing across Pakistan. The new platform is set to empower businesses in Pakistan by digitizing and optimizing their […]
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued an Investment Finance Services licence to Alif Finance (Private) Limited, authorizing it to operate as a Non-Banking Finance Company (NBFC) under the applicable regulatory framework. The swift and timely processing of the licence reflects SECP’s ongoing commitment to regulatory efficiency, responsiveness, and facilitation of […]
InfraZamin Pakistan, Sunridge Foods (Pvt.) Limited, and BankIslami marked a landmark moment at the Pakistan Stock Exchange (PSX) with a ceremonial gong strike to launch Pakistan’s first fully subscribed PKR 2 billion Agri-Infrastructure Sukuk. This Shariah-compliant Sukuk, is backed by a 100% principal credit guarantee from InfraZamin Pakistan and carries a long-term AAA rating, and […]