Pakistan is strategically positioned to embrace the fintech revolution, attracting investors who recognize the abundant opportunities within its financial technology landscape. The convergence of growing smartphone usage expanded internet connectivity, and government initiatives to promote digital financial technologies have laid a solid foundation for fintech’s expansion. Irfan Iqbal Sheikh, the head of the Federation of

Undoubtedly, the emergence of fintech has played a crucial role in integrating individuals into the financial landscape who would have previously faced exclusion. This is particularly evident in developing countries, where financial disparities are more pronounced, and there is often a greater need for inward investment—two challenges that fintech can effectively tackle. Examining the impact

Today, with a broadband penetration of over 46% and a mobile penetration of more than 85%, Easypaisa and JazzCash provide digital financial services to approximately 20 million monthly users. They have played a pivotal role in opening Pakistan’s fintech space. The success of Pakistan’s fintech sector can be attributed to the fact that traditional financial

Fintech, the convergence of technology and finance, has sparked global advancements in areas like mobile payments, peer-to-peer lending, blockchain solutions, robo-advisors, and sophisticated crowdfunding methods. This dynamic sector currently commands a significant 2% share of the global economy, and projections foresee it generating a staggering $1.5 trillion in annual revenue by 2030, constituting nearly a

FinTech, which uses technology to provide financial services, is just as important to traditional financial institutions as mobile apps are to smartphones. This article discusses the difference between Traditional FinTechs (which provide technology to existing financial institutions) and Emergent FinTechs (which partner with or disrupt banks). In Pakistan, where the economy is largely cash-based, most