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Tag Archives: FinTech

Making Digital Lending Work

While digital financial services offered through mobile wallets are considered the solution to problems of financial inclusion in developing countries, the rate of adoption of these wallets has not been as promising as expected in Pakistan. A deeper analysis of the problem …Continue reading

The Dawn of Pakistan’s Fintech Boom

After spending 18 years in the commercial banking sector, Qasif Shahid recently quit his job and started his own company. He raised $1 million in venture capital to introduce a digital wallet that will allow users to minimize their reliance on hard …Continue reading

Finja Receives $1.5 Million in Series A Funding

Finja, a Pakistani fintech startup, secured $1.5 million in series A funding on Wednesday. Swedish company Vostok led the round. This is not Vostock’s first investment in the Pakistani startup; the company had invested in Finja through a convertible note last year. …Continue reading

PlanX Set to Host Fintech Conference

A Fintech Conference, organised by PlanX Technology Accelerator of the Punjab Information Technology Board (PITB), will be held on Thursday,  September 21. The conference aims to highlight the challenges faced by Fintech startups in Pakistan and propose solutions for the entrepreneurial ecosystem of …Continue reading

With Global Trade Finance Gap at $1.5 Tr, a Third of Firms Studied Pin Hopes at Fintech

Access to credit continues to be a cause for concern for businesses, resulting in a global trade finance gap of $1.5 trillion in 2016, says an Asian Development Bank (ADB) brief released on Tuesday. The brief followed publication of fifth in a …Continue reading

CreditFix – Approving Borrowers That Other Lenders Have Missed

The World Bank states that approximately 100 million adults in Pakistan don’t have access to formal and regulated financial services. This means that more than 50 per cent of Pakistanis don’t have access to formal credit because they can’t be profiled through …Continue reading

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