Akhtar Fuiou Technologies – A Step Towards Digital Pakistan

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Akhtar Fuiou Technologies, a new Fintech in Pakistan, has received SBP’s in-principle approval for an Electronic Money Institution License. AFT will soon launch a pilot operation for its e-wallet business. In the...

Easypaisa Introduces API Developer Portal for Seamless Third-Party Integration

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Pakistan’s pioneering branchless banking service, easypaisa, has recently introduced its API Developer Portal, which is now live and can be used by third parties for integration, sandbox, and production movement for...

FBR Introduces Online Electronic Hearing of Tax Audits and Assessments Cases

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The Federal Board of Revenue (FBR) has launched the software of electronic hearing of tax audit and assessment cases to facilitate the taxpayers. This has been done by enabling and functionalizing...

American Business Council Urges FBR to Maintain Tax Holiday on IT Exports

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American Business Council (ABC) of Pakistan has proposed the Federal Board of Revenue (FBR) to maintain a tax holiday on exports of IT and IT-enabled services, as withdrawal of exemption will...

Ufone Offers Generous Free Data ‘Eidi’ On Mobile Top-Ups

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Pakistani telecom operator, Ufone, has announced free data ‘Eidi’ on mobile top-ups for its consumers under Eid Recharge Offer. Consumers will receive free data on regular balance recharge of Rs. 100...

Roshan Digital Accounts Will be Converted to Digital Banking: Sayed Zulfikar Bukhari

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Roshan Digital Accounts (RDA) will eventually be converted into digital banking, Special Assistant to the Prime Minister (SAPM) for Overseas Pakistanis, Sayed Zulfikar Bukhari, has revealed. While addressing an online session held...

Pakistani Fintech Startup Secures $1.5 Million in Seed Funding

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The Karachi-based fintech startup CreditBook has secured $1.5 million in seed-round funding, led by Pakistan’s BitRate VC and the Dubai-based VentureSouq. Other investment arms included Better Tomorrow Ventures, Ration Ventures, Toy Ventures,...

SHC Pakistan Seeks FIA’s Response Against Ban on Cryptocurrencies in Pakistan

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The Sindh High Court (SHC) has served notices to the Federal Investigation Agency (FIA) officials while hearing a petition filed by Waqar Zaka against the ban of cryptocurrencies in Pakistan. SHC bench...

Telenor Bank is Investigating a Fraud of Over Rs. 500 Million

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Telenor is reportedly investigating a fraud case in its microfinance bank in Pakistan, said media reports originating out of Norway. Telenor Bank confirmed ProPakistani about the development and said that management had...

HSBC to Move Assets Worth $20 Billion From Paper to Blockchain

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HSBC, one of the largest banking and financial services organizations in the world, is aiming to shift $20 billion worth of assets to a new blockchain-based custody platform by March. Blockchain and...

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