Fintech News Pakistan

UAE-based biotech startup BioSapien – the patented drug delivery platform treating cancer ‘locally’ – announces its $5.5 million (20.2M AED) pre-Series A funding. The #funding was led by Global Ventures – MENA’s leading VC firm, with participation from Dara Holdings. Their flagship product, MediChip™, is a 3D-printed, slow-release drug delivery platform designed to treat cancer locally, minimizing systemic side effects while increasing drug efficacy. Read more: https://lnkd.in/dcfFyHeB BioSapien, Global Ventures, Khatija A., Noor Sweid, Sacha Haider #FintechNewsPakistan #BioSapien #GlobalVentures #Funding #Investment #VCs #CapitalInvestment #Biotech #Healthtech #PreSeriesA #Founders #Startups #StartupFunding #UAEStartups #CancerTreatment #UAE #MiddleEast #PakistanfintechNews

Mahwish Saad Khan Joins PayFast as 𝐂𝐡𝐢𝐞𝐟 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐎𝐟𝐟𝐢𝐜𝐞𝐫 (𝐂𝐁𝐎)! PayFast delighted to introduce Mahwish Saad Khan as their Chief Business Officer (CBO). With an impressive track record spanning both #banking and #fintech, Mahwish will lead PayFast in transforming the digital payments landscape in #Pakistan. As a licensed 𝐏𝐚𝐲𝐦𝐞𝐧𝐭 𝐒𝐞𝐫𝐯𝐢𝐜𝐞 𝐏𝐫𝐨𝐯𝐢𝐝𝐞𝐫 (𝐏𝐒𝐏) & 𝐌𝐞𝐫𝐜𝐡𝐚𝐧𝐭 𝐒𝐞𝐫𝐯𝐢𝐜𝐞 𝐏𝐫𝐨𝐯𝐢𝐝𝐞𝐫 (𝐌𝐒𝐏) by the State Bank of Pakistan (SBP) for Raast Person 2 Merchants payments, PayFast is dedicated to #digitizing the economy and fostering financial inclusion. Under Mahwish’s leadership, #PayFast’s aim to provide innovative, seamless, and secure #payment solutions that redefine how businesses and individuals transact. Mahwish’s #leadership will enhance their ability to support partners and customers while growing #PayFast’s ecosystem with 𝐑𝐚𝐚𝐬𝐭 𝐏𝟐𝐌. PayFast aim to build a future-ready digital payments #infrastructure that empowers #SMEs and individuals alike! Read more: https://lnkd.in/d7DgaY35 Mahwish Saad Khan, PayFast, Adnan Ali #FintechNewsPakistan #PayFast #ChiefBusinessOfficer #CBO #NewHiring #Fintech #WomenLeader #Payment #digitalPayment #Pakistan #FintechJobs #FintechLeader #PakistanFintechNews

LAAM Technologies, a premier fashion marketplace for South Asian apparel, which has announced a $5.5 million seed funding round to expand its global footprint. The #funding round was led by Zayn VC and Disrupt.com, with participation from Graph Ventures, Mentors Fund, and prominent tech leaders from Oracle, Microsoft, Google, and Salesforce. Read more: https://lnkd.in/dDcsUHzh LAAM Technologies, Zayn VC, Disrupt.com, Arif Iqbal, Aaqib Gadit, Uzair Gadit, Umair Gadit, Ali Samir Oosman, Faisal Aftab, Brian Truong, Shuja Keen, Ahmed Muneeb, Bilal Khokhar, Amir Iqbal, Noor Us Sahar Arif #FintechNewsPakistan #LAAMTechnologies #ZaynVC #Disruptcom #Funding #SeedRound #Fashionmarketplace #SouthAsianApparel #VCs #CapitalInvestment #GlobalExpansion #Pakistan #PakistanFintechNews

In a groundbreaking move aimed at fostering a culture of #savings and #investment, the State Bank of Pakistan (SBP) is set to unveil #InvestPak, an innovative #platform that will enable individuals and #corporations to directly #invest in government securities. Read more: https://lnkd.in/drKMVM4V State Bank of Pakistan (SBP), Pakistan Banks' Association #FintechNewsPakistan #SBP #InvestPak #InvestmentPlatform #GovernmentSecurities #Investment #Savings #Fintech #Pakistan #PakistanFintechNews

MCB Bank Limited has announced the appointment of Muhammad Nauman Chughtai as its new President and Chief Executive Officer. The decision was approved by the bank’s Board of Directors during a meeting held on December 11, 2024, according to a notice issued to the Pakistan Stock Exchange - PSX. Muhammad Nauman Chughtai’s appointment will take effect upon the completion of the current President & CEO Shoaib Mumtaz’s term on December 20, 2024. Additionally, the appointment is contingent upon clearance of the Fit & Proper Test (FPT) by the State Bank of Pakistan (SBP). Read more: https://lnkd.in/dTzRKXte MCB Bank Limited, Muhammad Nauman Chughtai #FintechNewsPakistan #MCBBank #CEO #NewAppointment #Leadership #FintechLeader #BankingLeader #Jobs #BankingJobs #Pakistan #PakistanFintechNews

Leadership Edge: Farwa Hasnain joined as Chief Executive Officer (CEO) at Rayn ! We're excited to share that Farwa Hasnain has taken the helm as Chief Executive Officer (CEO) at Rayn . We extend our heartfelt welcome to Farwa Hasnain and are confident that her leadership and wealth of experience will bolstering the success of Rayn . Before joining Rayn , Farwa played a pivotal role at Karandaaz Pakistan, a flagship initiative funded by the Foreign, Commonwealth and Development Office and the Bill & Melinda Gates Foundation. There, she led Corporate Governance Strategy, Operations, and People Management, championing #financialinclusion and entrepreneurial empowerment across #Pakistan. With a proven track record of spearheading impactful initiatives, Farwa brings unparalleled expertise, deep insights, and a visionary approach to drive #Rayn toward a future defined by innovation, impact, and purpose. Farwa Hasnain, Rayn #Rayn #PakistaniTalent #Fintech #Innovation #Fintechnews #CareerGrowth #FintechnewsPakistan #PakistanFintechnews #CEO #Successjourney #Pakistan #Jobs #Leadership #FintechLeaders #fintech #Pakistan #FintechinPakistan #Leadership #FintechLeadership #DigitalInnovation #FinancialInclusion #FintechTransformation #Jobs #WomenLeader #WomenCEO

MNT-Halan, #Egypt’s leading #fintech company and first #unicorn, has entered the #UAE market, marking a key milestone in its rapid #expansion across the region. Following successful operations in #Egypt, #Turkey, and #Pakistan, the #UAE is the latest market addition to the company’s vision for growth in the #GCC and beyond. Read more: https://lnkd.in/dgsym_Zs MNT-Halan, Mounir Nakhla, Omar Ramadan, Christos Argyriou, Halan Microfinance Bank #FintechNewsPakistan #MNTHalan #Expansion #UAE #Fintech #Unicorn #MiddleEast #Egypt #Pakistan #PakistanFintechNews

Systems Limited, a global system integrator and services provider, proudly announces a landmark agreement with the State Bank of Pakistan (SBP) to upgrade and modernize its Core banking platform to the latest Temenos core banking software and implementation of best-in-class Temenos Payment Hub to modernize the #Payment Infrastructure of the Central Bank. Read more: https://lnkd.in/de5rD78s Systems Limited, State Bank of Pakistan (SBP), Temenos, Asif Peer, Ammara Masood, Olivier Doublet-Lemonier, Muhammad Mairaj Yousuf, Sakina Tahir, Rasikh Nadeem, Syed Asad Ali, Aqeel Ashraf Rana, Ibrahim Asif #FintechNewsPakistan #SBP #Systemslimited #Temenos #partnership #CoreBankingSystems #Fintech #BankingTech #Pakistan #PakistanFintechNews

The Punjab Information Technology Board (PITB) has joined forces with the Punjab Cooperative Housing Society (PCHS) to implement its innovative PayZen Official initiative, aiming to digitize and optimize #payment processes within the society. Read more: https://lnkd.in/d9ybi8J6 Punjab Information Technology Board (PITB), PayZen Official, Faisal Yousaf, Khurram Mushtaq, Haroon Rasul Khokhar, Ijlal Hussain, Mudassir Paracha #FintechNewsPakistan #PITB #PayZen #PCHS #Payments #DigitalPayments #PaymentInnovation #fintech #Pakistan #Punjab #PakistanFintechNews

AE Coin has secured the final Central Bank of The UAE (CBUAE) license to launch, marking a significant milestone in the evolution of digital finance. Developed under the #CBUAE’s digital payment token services framework and aligned with the UAE government’s forward-looking vision, AE Coin is set to revolutionize the financial services landscape, promising an instant, secure, stable, innovative, low-cost, and efficient #payment experience that will reshape the future of the digital economy. Read more: https://lnkd.in/duCH7bw5 AE Coin, Ramez Rafeek #FintechNewsPakistan #AECoin #CBUAELicense #CBUAE #Stablecoin #Launching #DigitalPayment #Payments #Tech #Innovation #DigitalEconomy #Blockchain #DeFi #UAE #PakistanFintechNews