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Tag Archives: State Bank of Pakistan

Finja Receives $1.5 Million in Series A Funding

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

IT-Specific Announcements in the Federal Budget

“In the future, the gap between industrialized and non-industrial economies will become less pronounced than the one between Information Technology-enabled economies and the rest,” said Finance Minister Ishaq Dar in his speech on the Federal Budget. The Federal Budget for 2017-2018 was …Continue reading

UBL Inaugurates Pakistan’s First Digital Branch

United Bank Limited (UBL) has launched Pakistan’s first digital branch, located at the City Campus of the Institute of Business Administration (IBA) in Karachi. The completely automated facility runs without the physical presence of any bank staff.  Although a pilot branch in …Continue reading

Can Cryptocurrency Work in Pakistan?

The 21st century ushered in the era of Facebook, 4G, Bluetooth and even the Google Driverless Car; it also brought with it new technological innovation in the financial sector. With the advent of fintech aka financial technologies, came cryptocurrencies like bitcoins which …Continue reading

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