LAHORE ( PRESS RELEASE ) Karandaaz Pakistan, with financial support from the UK’s Department for International Development (DFID), is helping the Securities Exchange Commission of Pakistan (SECP) digitalise its key operations. In the first phase of this process, a digital Secured Transactions Registry (STR), governed by The Financial Institutions (SecuredRead More →

ISLAMABAD (PRESS RELEASE) Nineteen promising FinTechs have been bustling with excitement and morphing their raw ideas into scalable solutions as part of Karandaaz Pakistan’s FinTech Disrupt Challenge (FDC) 2018, for which Karandaaz has funded FinTech Factory to provide accelerated support to these startups. The mentoring from some of the mostRead More →

ISLAMABAD (PRESS RELEASE) The Pakistan Credit Enhancement Facility (PCEF) was introduced to public and private sector stakeholders today in a conference co-hosted by Karandaaz Pakistan and UK’s Department for International Development (DFID) in Islamabad. The local currency credit enhancement facility is being set up to address and overcome existing constraintsRead More →

KARACHI (PRESS RELEASE) Grantees of Karandaaz Pakistan FinTech Disrupt Challenge showcased innovative technology-based solutions for financial sector at an event here in Karachi. Karandaaz Pakistan has been successfully running its annual FinTech Disrupt Challenge since 2016 and provided grants to some of the most innovative ideas for development, implementation, andRead More →

ISLAMABAD (PRESS RELEASE) State Bank of Pakistan and Karandaaz signed an agreement today under which Karandaaz will support State Bank’s efforts to create an enabling environment based on international best practices for digital banks. Karandaaz will provide technical assistance to the State Bank of Pakistan for formulating legal and regulatoryRead More →

ISLAMABAD (PRESS RELEASE ) United Kingdom’s Department for International Development (DFID) is supporting the growth of small and medium enterprise (SME) sector in Pakistan through Karandaaz Pakistan. The DFID Director General for Economic Development, Rachel Turner, currently visiting Pakistan, attended the signing of an agreement between Karandaaz and Bank Alfalah Limited.Read More →

ISLAMABAD ( BMZ REPORT ) Pakistan’s foremost agency for promotion of financial inclusion and access to finance, Karandaaz Pakistan held a half-day workshop to deliberate on waysto promote and expedite the process ofwomen’s financial inclusion in the country. Karandaaz Pakistan is provided institutional and financial support by the United Kingdom’sRead More →

ISLAMABAD ( BMZ REPORT ) Pakistan Microfinance Network (PMN) observed the “International Day for the Eradication of Poverty” in Islamabad. The initiative is supported by UKAID, The World Bank Group, ACTED, EasyPaisa, ECI, Ubank, Khushali Microfinance Bank, First Microfinance Bank, Engro Foundation and Data Check. The event had active participation of 80 persons representing StateRead More →