Trends - fintech - Business Recorder

fintech

SECP restructures RSB, allowing applicants to apply throughout the year

ISLAMABAD: In order to broaden outreach, the SECP has restructured its Regulatory Sandbox (RSB) from a cohort-based...

Published 15 Sep, 2023 06:31am

Markets

Shanghai Stock Exchange signs MoU with the Saudi Exchange

SHANGHAI: The Shanghai Stock exchange said it signed Memorandum of Understanding (MoU) with the Saudi Exchange in...

Published 05 Sep, 2023 06:22am

Abhi’s valuation grew to $90m in two years

KARACHI: Pakistan’s financial startup Abhi’s valuation grew to $90 million during the last two years and became one...

Updated 23 Aug, 2023 09:45am

Business & Finance

Fintech lenders tighten lending standards, bolstering debt financing

WASHINGTON: US financial technology companies are tightening their lending standards, a move that has bolstered ...

Published 24 Jul, 2023 06:11am

Business & Finance

Country’s financial landscape revolutionized: Cloud services launched

ISLAMABAD: Powered by Huawei, Khazana Enterprise launched first Fintech and national in-country cloud services,...

Published 13 Jul, 2023 04:50am

Business & Finance

Pakistan’s Neem sees $1mn investment from DNI Group

Startup says focus continues to be deeply on Pakistan for the next stage of growth

Updated 26 Jun, 2023 02:30pm

Opinion

Unmasking regressive banking

In today’s fast-paced world marked by technological advancements and social progress, the banking industry has...

Published 21 Jun, 2023 06:00am

Business & Finance

Meezan Bank enters into agreement with PaySa

KARACHI: Meezan Bank, Pakistan’s leading Islamic bank and PaySa, a fintech startup specializing in digital...

Published 30 Mar, 2023 06:35am

Business & Finance

Askari Bank partners with BPC to implement SmartVista suite

RAWALPINDI: Askari Bank announced a partnership with Banking Payments Context (BPC), a global payments fintech....

Published 29 Mar, 2023 06:27am

Business & Finance

ABHI signs accord with Master Group

LAHORE: ABHI, an embedded fintech company, has signed an agreement with Master Group of Industries by virtue of ...

Published 24 Mar, 2023 05:55am

Business & Finance

Fintech firms may struggle to find investor love in rebounding US IPO market

BENGALURU: The once high-flying fintech startups looking to go public will have a hard time attracting investor...

Published 13 Mar, 2023 06:15am

Pakistan

Big leap in digital technology vital to improving economy: Alvi

ISLAMABAD: President Dr Arif Alvi said for Pakistan, a big leap in digital technology was important to directly...

Published 10 Mar, 2023 03:46am

Business & Finance

Potential of digital payment ecosystem highlighted

ISLAMABAD: Executive Vice President of Global Business Development, Omar El Gammal said there is incredible ...

Published 26 Feb, 2023 03:27am

Business & Finance

Bazaar launches industrial and raw material sourcing platform

KARACHI: Bazaar, Pakistan’s leading B2B commerce, fintech and supply chain platform for 5M+ businesses, is...

Published 17 Feb, 2023 06:50am

Business & Finance

Digitisation can add $60bn to economy in 7-8 years: OICCI

KARACHI: Digitisation offers innovative employment prospects to 23 percent of Pakistan’s population that falls in...

Published 17 Feb, 2023 06:00am

Business & Finance

BoK, Faysal Bank partner to offer innovative digital payment services

KARACHI: Faysal Bank Limited (FBL) and Bank of Khyber (BoK) have partnered to launch a suite of digital financial...

Published 02 Dec, 2022 05:47am

Opinion

Digital risk taxonomy and customer protection

Rapid technical breakthroughs have astounded the world during the last several decades. It has influenced and left ...

Published 20 Nov, 2022 04:16am

Pakistan

Discussion on China’s fintech model held on IBA’s main campus

KARACHI: China Study Centre COMSATS Islam-abad and China Study Centre Institute of Business Administration (IBA)...

Published 14 Nov, 2022 05:55am

Business & Finance

Envoy in US exhorts Pakistani-Americans to invest in Pakistan

WASHINGTON: “Pakistani American Tech entrepreneurs can act as a catalyst to accelerate growth and investment in...

Published 14 Nov, 2022 05:55am

Pakistan

Ericsson Pakistan launches Graduate Programme

KARACHI: Ericsson has announced the launch of its graduate programme in Pakistan to offer young talents world-class...

Published 13 Oct, 2022 05:59am

Pakistan

Flood victims: Fintech enables employees to make donations

KARACHI: ABHI along with its clients, employees, users, and investors is channeling donations using its robust...

Published 11 Sep, 2022 03:51am

Technology

Pakistan's fintech PostEx acquires Call Courier

Deal makes it largest e-commerce service provider in the country, PostEx says

Published 30 Aug, 2022 12:02pm

Pakistan

ABL to host NIC FinTech Hackathon 2022

ISLAMABAD: The National Incubation Centre (NIC) Pakistan’s first of its kind and largest Incubation centre, is...

Published 05 Aug, 2022 08:08am

Business & Finance

SBP tells TAG Innovation to 'refund all outstanding funds to its wallet holders'

Says action has been taken after identification of violations of SBP’s regulatory requirements and other concerns during the pilot operations

Updated 04 Aug, 2022 08:25pm

Technology

Pakistan’s fintech OneLoad secures $11mn in funding: Systems Limited

Will utilise funding for business expansion, launching multiple new products and expanding services in the unbanked Pakistani market, says PSX notice

Updated 01 Aug, 2022 05:03pm

Technology

Sequoia enters Pakistan with Dbank investment

Pakistan-based fintech announces raising $17.6mn in seed round, the largest in country's history

Published 30 Jul, 2022 06:33pm

Business & Finance

Digital bank licences: SBP gets ‘overwhelming’ response

KARACHI: The State Bank of Pakistan (SBP) has received overwhelming response for digital bank licences as some 20...

Published 07 Apr, 2022 05:15am

Business & Finance

SBP grants Careem Pay IPA for EMI licence

Karachi: The State Bank of Pakistan (SBP) has granted Careem Pay with an In-Principle-Approval (IPA) for an...

Published 31 Mar, 2022 05:11am

Technology

Careem Pay gets SBP’s In-Principle Approval for EMI licence

Careem says fintech affiliate plans to invest $50mn to leapfrog the fintech ecosystem in Pakistan

Published 30 Mar, 2022 03:55pm

Pakistan

Pakistan, Singapore agree to enhance cooperation in diverse fields

ISLAMABAD: Pakistan and Singapore, on Thursday, renewed strong desire and resolve to consolidate and further enhance...

Published 28 Jan, 2022 04:45am

Gainers
Losers
Leaders

Stock	Price
Haseeb Waqas / Nov 30 Haseeb Waqas Sugar Mills Limited(HWQS)	10.38 ▲ 1.00 (10.66%)
Bela Auto / Nov 30 Bela Automotives Limited(BELA)	8.79 ▲ 0.81 (10.15%)
Dewan Sugar / Nov 30 Dewan Sugar Mills Limited(DWSM)	2.70 ▲ 0.21 (8.43%)
Sec. Inv. Bank / Nov 30 Security Investment Bank Limited(SIBL)	6.50 ▲ 0.46 (7.62%)
Bannu Woollen / Nov 30 Bannu Woollen Mills Limited(BNWM)	30.21 ▲ 2.11 (7.51%)
Chashma / Nov 30 Chashma Sugar Mills Limited(CHAS)	65.58 ▲ 4.58 (7.51%)
Crescent Steel / Nov 30 Crescent Steel & Allied Products Limited(CSAP)	43.53 ▲ 3.04 (7.51%)
IBL HealthCare / Nov 30 IBL HealthCare Limited(IBLHL)	39.95 ▲ 2.79 (7.51%)
Atlas Honda Ltd / Nov 30 Atlas Honda Limited(ATLH)	373.27 ▲ 26.04 (7.50%)
MithchellsFruit / Nov 30 Mitchells Fruit Farms Limited(MFFL)	245.32 ▲ 17.12 (7.50%)

Stock	Price
Nazir Cotton Mills / Nov 30 Nazir Cotton Mills Limited(NCML)	3.07 ▼ -0.83 (-21.28%)
Trust Mod. / Nov 30 Trust Modaraba(TRSM)	1.43 ▼ -0.17 (-10.63%)
Dar-es-Salaam / Nov 30 Dar-es-Salaam Textile Mills Limited(DSML)	8.30 ▼ -0.95 (-10.27%)
Trust Sec.& Brok. / Nov 30 Trust Securities & Brokerage Limited(TSBL)	9.06 ▼ -0.94 (-9.40%)
Jahangir Sidd(Pref) / Nov 30 Jahangir Sidd(Pref)(JSCLPSA)	8.51 ▼ -0.74 (-8.00%)
Ideal Sp. / Nov 30 Ideal Spinning Mills Limited(IDSM)	14.66 ▼ -1.19 (-7.51%)
AKD Hospitality / Nov 30 AKD Hospitality Limited(AKDHL)	159.28 ▼ -12.91 (-7.50%)
Blessed Tex. / Nov 30 Blessed Textiles Limited(BTL)	317.28 ▼ -25.72 (-7.50%)
Universal Network (GEM) / Nov 30 Universal Network Systems Limited (GEM)(GEMUNSL)	32.99 ▼ -2.67 (-7.49%)
Metro Steel / Nov 30 Metropolitan Steel Corporation Limited(MSCL)	21.37 ▼ -1.73 (-7.49%)

Stock	Volume
B.O.Punjab / Nov 30 The Bank of Punjab(BOP)	50,052,966 ▼ -0.21
Cnergyico PK / Nov 30 Cnergyico PK Limited(CNERGY)	35,689,157 ▼ -0.07
Pak Refinery / Nov 30 Pakistan Refinery Limited(PRL)	35,409,231 ▼ -0.13
Fauji Fert Bin / Nov 30 Fauji Fertilizer Bin Qasim Limited(FFBL)	32,650,500 ▲ 1.67
WorldCall Telecom / Nov 30 Worldcall Telecom Limited(WTL)	30,751,189 ▼ -0.01
Fauji Foods Ltd / Nov 30 Fauji Foods Limited(FFL)	30,039,307 ▲ 0.58
Kohinoor Spining / Nov 30 Kohinoor Spinning Mills Limited(KOSM)	23,573,500 ▼ -0.20
The Searle Co. / Nov 30 The Searle Company Limited(SEARL)	21,694,598 ▼ -0.38
Dewan Cement / Nov 30 Dewan Cement Limited(DCL)	21,032,000 ▲ 0.07
Fauji Cement / Nov 30 Fauji Cement Company Limited(FCCL)	15,482,500 ▲ 0.67

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 30	285.78
USD PKR Interbank Buying / Nov 30	285.23
USD to Japanese Yen / Nov 30	147.02
USD to Swiss Franc / Nov 30	0.87
Pound Sterling to USD / Nov 30	1.27
Euro to USD / Nov 30	1.10
UK LIBOR % / Nov 29	5.46

Stock	Volume
S&P 500 / Nov 29	4550.58
Nasdaq / Nov 29	14258.49
Dow Jones / Nov 29	35430.42
India Sensex / Nov 30	66809.11
Tokyo Nikkei / Nov 30	33486.89
Hang Seng / Nov 30	17042.88
FTSE 100 / Nov 30	7437.50
Germany DAX 30 / Nov 30	16203.24
France CAC40 / Nov 30	7279.08

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 29	17735
Gold 10 Grams PKR / Nov 29	185614
Crude Oil USD/Barrel / Nov 30	78.06
Gold Spot USD/Ounce / Nov 30	2044.28
Cotton US¢/pound / Nov 30	79.69

Avari Hotels, Avari family target of alleged blackmail & vilification campaign

fintech

Most Popular Articles