August 23, 2026
The Pakistan Virtual Assets Regulatory Authority has notified licensing regulations and opened its portal, creating 10 licence categories. Existing operators must apply by September 5 or cease operations.
July 16, 2026
State Bank of Pakistan Governor Jameel Ahmad said PayPak — Pakistan's domestic card payment scheme — is expected to play a central role in the country's digital financial ecosystem, as retail digital transaction volumes have nearly doubled in a year to almost 12 billion and mobile banking application users have reached 137 million. Active merchants accepting digital payments rose from 500,000 to more than two million over the same period.
June 30, 2026
Pakistan's information technology sector earned $4.2 billion in export receipts in the first eleven months of FY2026, a roughly 20 percent year-on-year increase, with freelancers accounting for a record $1 billion — 25 percent of total sector exports — for the first time in the country's history.
June 27, 2026
The State Bank's latest quarterly review shows digital channels handling 92 percent of Pakistan's retail transactions, with mobile apps and the Raast instant-payment rail leading a record-setting first quarter of 2026.
December 2, 2025
From India’s shadow to emerging regional leader, country’s funding recoveries, crypto frameworks grow “Pakistan is undoubtedly a rising star in digital assets, even if this is still a ‘honeymoon phase’ for the South Asian country in a notoriously volatile fintech sector. How Pakistan responds to its first major crypto shock will ultimately reveal the depth of its commitment.” That’s what Forbes has addressed the current fintech landscape of Pakistan. Fintech’s center of gravity in South Asia may finally be shifting, and Pakistan is emerging as the region’s unexpected powerhouse. For years, India’s dominance kept neighboring fintech ecosystems in its shadow.
Listen to the article Karachi: Haballe, a Pakistani company Fintech, raised $ 52 million to expand Shariah’s funding and payment services, she said Tuesday. Funding, led by Zayn VC and Meezan Bank, includes $ 5 million and $ 47 million in strategic funding and will support Haball’s growth plans for Pakistan, the company said in a statement. Money will also help expand the Haball in the Middle East, starting from Saudi Arabia this year, he added. “Funding for the supply chain in Pakistan is hatching, but it is expected to be worth more than $ 9 billion, driven by the
February 20, 2025
Islamabad– Banking as we know has changed forever. Gone are the days of long queues, endless paperwork, and rigid banking hours. In a world where everything is just a tap away, easypaisa digital bank is redefining convenience with its bold new campaign: ‘easy wala bank’ because banking should be as easy as everything else in life. Pakistan has officially entered a new era of financial accessibility with easypaisa digital bank, the country’s first incumbent digital retail bank, now commercially approved by the State Bank of Pakistan (SBP) under its Licensing and Regulatory Framework for Digital Banks. This is more than
February 8, 2025
The Expanding Scope of Knowledge and Skills In the past, being an expert in one field was enough. Today, professionals are expected to be versatile—combining technical skills, communication, critical thinking, and adaptability. Digital tools bridge the gap by making knowledge and skill acquisition more accessible. For instance, a marketer now needs to understand data analytics, content creation, and SEO. A teacher must integrate online learning platforms. Without digital literacy, keeping up with these demands is nearly impossible. Efficiency and Automation One person cannot do everything manually. Digital literacy enables individuals to use tools that automate tasks, saving time and effort.
January 29, 2025
Islamabad: easypaisa has achieved a groundbreaking milestone by becoming Pakistan’s first Digital Retail Bank to receive commercial approval for the commencement of regular digital banking operations from the State Bank of Pakistan (SBP) under its Licensing and Regulatory Framework for Digital Banks. Approval to launch commercial operations was accorded to easypaisa digital bank on January 28, 2025, in an official licensing ceremony held at the State Bank of Pakistan. With this approval, Telenor Microfinance Bank has been converted from a “Microfinance Bank” to a “Digital Retail Bank,” and will now be operating under the name “easypaisa digital bank” (Registered name:
KARACHI: A prominent Turkish fintech has acquired SadaPay – a growing digital payment platform in Pakistan, expanding its footprint in South Asia and Middle East regions. SadaPay founder and CEO Brandon Timinsky confirmed the development to the Express Tribune, saying that Turkey-based Unicorn Papara had “100% acquired” the Pakistani company. Although the Pakistan Electronic Money Institution (EMI) did not disclose the value of the transaction, it said that the company’s stakeholders will acquire shares in the Turkish firm. “It is a very positive result voted unanimously by SadaPay stakeholders. Owning shares in Papara is very attractive as it is a
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October 26, 2026
The Pakistan Daily
October 26, 2026
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