The problem is access to credit, not payments claims Abhi CEO at World Economic Forum
Representing Pakistan’s fintech community at World Economic Forum, Omair Ansari claims it is a fallacy that Pakistan has a big unbanked population because of the impact of the telcos.
Layoffs, board resignations as OPay-Finja clash prolongs. What is the dispute and what else is happening behind the scenes?
Finja is pursuing a strategy of going public with their concerns and exploring legal remedies. Meanwhile OPay’s Chinese investors are fast losing faith in Pakistan’s potential.
Can Pakistan’s financial ninja pull off another great escape?
A deal to sell Finja’s EMI licence to the Chinese OPay has gone sour. Finja claims OPay acted with ill-intent. OPay says Finja just forgot to read the fine print. So where exactly did Finja’s founder, Qasif Shahid, lose focus?
Finja voices ‘frustration’ over Opay’s failure to clear payments post EMI sale
Non-payment forces temporarily slow down operations and reduction in staff, says fintech company
EduFi raises $6.1mn to help students in Pakistan access loans for education
A new fintech startup EduFi wants to make education more affordable and accessible for students in Pakistan. The Singapore-based startup has raised...
Another Forbes 30 under 30 alumnus bites the dust: Frank founder charged in $175mn fraud scheme
The Securities and Exchange Commission on Tuesday charged Frank founder Charlie Javice with fraud three months after JP Morgan sued her for allegedly fabricating millions...
Alibaba to decide on control over new business units after IPOs
Alibaba Group (9988.HK)Â said on Thursday it will look to monetise non-core assets and consider giving up control of some businesses, as the...
Public cloud services increasingly important for businesses in Pakistan
In an interview with The Express Tribune, Umair Azam, Founder and CEO of Integration Xperts explains that public cloud services are becoming...
As JazzCash devours another CEO, where will they go next?
It would be a shake-up if it were unexpected. By now, the changing of the guard is more routine than it is...
As Digital Bridge Limited, PTA and VRG square off, Asaan Mobile Account scheme takes a hit
The Sindh High Court on Wednesday dismissed a case filed by Digital Bridge (Pvt) Limited (DBL) against Pakistan Telecommunication Authority (PTA) which...
Shaukat Tarin and the FBR are shepherding Pakistan towards the digital payments promised land
It has been a long, arduous road getting here. Now it is time for the government to help consolidate the fintech revolution
Tania Aidrus’s big bet on creating a Digital Pakistan
It started, as things often do in Pakistan, with a WhatsApp forward. On Thursday, December 5, a group of Pakistanis living in...
Is Ernst & Young about to exit Pakistan?
Ernst & Young, the global accounting and professional services firm that goes by its brand name EY, is re-evaluating its relationship with...
Banking sector in shambles over a plausible cyber-attack
MCB, ABL, other major banks reassure customers’ safety, SBP certifies only Bank Islami was affected
Habib Bank makes the pivot towards FinTech
Pakistan’s largest bank announces a big push into branchless banking, investments in technology infrastructure