FinTech

Pakistani FinTech startup ‘TAG’ raises $12 million in Pakistan’s largest seed funding round

By Usman Aslam ⏐ 3 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

In recent news, a rising FinTech startup called TAG Innovation Pvt. Limited has just raised around $12 million in Pakistan’s largest seed funding round. Hence…

DigiKhata Raises $2 Million Seed Round To Empower Small Businesses

By Usman Aslam ⏐ 4 years ago ⏐ Newspaper Icon Newspaper Icon 3 min read

Faisalabad-based fintech DigiKhata has closed a $2 million international seed round. Led by China’s MSA Capital and joined by the leading MENAP Based Shorooq Partners,…

Pakistani freelancers receive more than 4 billion through Payoneer & Jazzcash

By Ahsan Zafeer ⏐ 4 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Pakistani freelancers received more than Rs. 4 billion since January 2020 utilizing a tech-based solution in the midst of the Covid-19 pandemic, said Ghazanfar Azzam,…

E-Pay Punjab’s Tax collection exceeds Rs. 25 billion with 5.5 million transactions

By Ahsan Zafeer ⏐ 4 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

According to a press release issued to the media by the Punjab Information Technology Board (PITB) on Tuesday, the tax revenue collection for e-Pay Punjab…

e-Pay Punjab collects PKR 22.9 Billion, of which citizens paid PKR 5 Billion as Token tax

By Ahsan Zafeer ⏐ 4 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

e-Pay Punjab has collected a staggering PKR 22.9 Billion through 5 million+ transactions in the past 18 months. The revenue was collected as online payments…

Bayfikr – a user-friendly Fin-Tech app, making payments in Pakistan easier for overseas Pakistanis

By Press Release ⏐ 4 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

Bayfikr, an international fintech startup, currently incubated with the National Incubation Center, has big dreams of disrupting current remittance solutions. With Bayfikr, overseas Pakistanis will…

NIC partners with Allied Bank to conduct a Fintech Hackathon

By Ahsan Zafeer ⏐ 4 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

The NIC (National Incubation Centre) has announced to hold a hackathon on Fintech titled “Hacktivate 4.0”, which will be conducted on the 10th and 11th…

Punjab farmers pay their water bills digitally with E-Abiana in a historic first

By Ahsan Zafeer ⏐ 4 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

On Wednesday, the Punjab Information Technology Board (PITB) announced that the E-Abiana bill printing has begun in Layyah, Punjab, finally replacing the decades-old traditionally manual…

Pakistani multimillionaire to launch payment app to boost employment opportunities

By Hamza Zakir ⏐ 4 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

According to Pakistani multimillionaire business mogul and Hashoo Group CEO Murtaza Hashwani, a digital payment app called Foree is set to be rolled out in…

Mastercard discusses collaboration with PITB to explore digital payment solutions

By Ahsan Zafeer ⏐ 4 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

On Wednesday, the DG IT-operations for PITB (Punjab Information Technology Board) discussed fintech opportunities in a meeting with Mastercard’s country manager for Pakistan, Atyab Tahir.…

National Incubation Centre collaborates with Allied Bank to work in the fintech space

By Ahsan Zafeer ⏐ 4 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

In a tweet sent on Tuesday, the National Incubation Centre announced that it had signed an MoU with Allied Bank Limited to collaborate and work…

Pakistani fintech startup called PayPro receives a grant of Rs 7.4 million from USAID and SMEA

By Usman Aslam ⏐ 4 years ago ⏐ Newspaper Icon Newspaper Icon 2 min read

A Pakistani fintech startup hyper-focused towards business to business (B2B) and business to consumer (B2C) payments recently received a grant of nearly Rs 7.4 million…

Pakistan’s first instant payment system developed by SBP launched by PM today

By Hamza Zakir ⏐ 4 years ago ⏐ Newspaper Icon Newspaper Icon 3 min read

In a launch ceremony that kicked off at 4:30 PM today, Prime Minister Imran Khan officially launched Raast, the nation’s first-ever instant payment system developed…

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