Future Fest 2023: ‘Tis the season for a comeback?
After a shambolic showing last year and following a brutal year for startups, Future Fest 2023 came back stronger.
Fact check: Google is not suspending Play Store in Pakistan but users won’t be able to pay for apps using mobile balance
Mobile phone users would still be able to download apps from Google Play Store but would not be able to pay for...
How 24SEVEN Apni Dukan is using tech to build communities and transform your neighbourhood stores
Let us begin with a small fact. Your neighborhood corner shop is not just a place to buy groceries but a cultural...
Digital freedom under threat again
LAHORE: On Tuesday, the federal government tried to quietly pass an amendment that would grant the Federal Investigation Agency (FIA) unprecedented power...
Marriage apps are here. Which one would you choose?
In the background of the big fat shaadi industry, two new apps are hoping to tap into how people meet
Pakistani fintech company Keenu to be acquired by Saudi Arabia-based Hala
LAHORE: Pakistani fintech company Keenu, known for its merchant acquiring business for card payments, is in the process of getting acquired at...
New details emerge about defunct startup Airlift’s downfall
LAHORE: New insights regarding the now defunct Airlift have come to the fore, shedding light on the happenings that led to its...
With $2.5m in seed funding, Neem sets sights on scaling banking as a service
LAHORE: Pakistan’s embedded financial services platform Neem Exponential has raised $2.5 million in seed funding to build and scale financial wellness focused...
Pakistan’s SnappRetail raises $2.5m to digitise retailers, as it plans countrywide expansion
Retail digitiser SnappRetail has raised $2.5 million in pre-seed funding for its microenterprise system for retailers to help them compete with modern...
PostEx acquires Call Courier to expand its logistics network, awaits NBFC license
Pakistan’s logistics and fintech company, PostEx, has announced the acquisition of Call Courier, a competing eCommerce logistics solution provider, for an undisclosed...
PayPal founder Peter Thiel backs Pakistan’s eCommerce marketplace PriceOye in $7.9mn seed round
Pakistan’s electronics-focused eCommerce platform PriceOye.pk has announced completing a seed raise of $7.9 million as it focuses to become a nationwide specialised...
YCombinator-backed Mahaana Wealth announces $2.1mn pre-seed raise to digitise wealth management in Pakistan
Pakistan’s digital wealth management startup Mahaana Wealth announced today that it has secured regulatory approvals from the Securities and Exchange Commission of...
SBP orders TAG to make full refunds to depositors. What does this mean for the troubled fintech startup?
The State Bank of Pakistan (SBP) has ordered Pakistan’s fintech TAG Innovation to initiate refunds to customers. Despite that it may seem...
Fintech company OneLoad announces $11m raise from Bill & Melinda Gates Foundation, others
LAHORE: Pakistan’s fintech company OneLoad has announced raising $11 million in new funds as it focuses on the next phase of growth.
OneLoad’s...
Logistics company Trax lays off employees as costs rise, volumes dip
Logistics startup Trax laid off about 50 employees on Friday, with more layoffs on the cards as the logistics company rationalises its...