Topic

fintechs

Agri credit reaches Rs1.4trn in first half of FY26

Updated 13 Feb, 2026 09:18am

KARACHI: Agricultural credit disbursements by the banking sector reached Rs. 1.412 trillion during the first half of...

Digital channels drive 87pc of retail payments

Updated 21 Dec, 2024 02:47pm

State Bank of Pakistan highlights significant strides in Pakistan’s journey toward a cashless and digitally inclusive economy

Experts call for addressing challenges to spur IT growth in Pakistan

Published 08 Jul, 2023 08:40pm

Experts at State Bank of Pakistan (SBP) have said the authorities in order to catalyze economic growth through...

EU proposes payments sector shake-up to boost fintechs

Published 03 Jul, 2023 06:04am

LONDON: The European Union on Wednesday proposed making the payments sector more competitive, giving legal backing ...

SBP move leaves fintechs baffled

Published 28 Mar, 2023 08:56am

SBP has recently made some changes in the fee and cost structure of payments associated with cards (debit and...

Digitisation of country’s financial landscape highlighted

Published 23 Nov, 2022 06:58am

KARACHI: In the 15th episode of State Bank of Pakistan’s Podcast series, Sohail Javaad, the executive director of...

Digital lenders disbursed Rs33bn loans during last fiscal, says analyst

Published 10 Nov, 2022 06:49am

ISLAMABAD: The new digital lending fintechs (non-banking finance companies) have disbursed cumulative loans worth...

11th ‘Bank of the Future Forum 2022’ held

Published 15 Oct, 2022 05:38am

KARACHI: NdcTech, a leading IT & consulting firm providing transformational services for the banking sector...

Electronic Money Institutions: here is a list of all SBP-authorised EMIs in Pakistan

Updated 10 Apr, 2022 01:35am

As Pakistan adopts digital payments, the financial sector has been abuzz with new players looking to enter the ...

Lahore-based Taro raises $3.5mn in pre-seed funding

Published 19 Jan, 2022 03:15pm

Will look to provide easy access to credit to all Pakistanis, allowing increased access to e-commerce outlets

CreditBook raises $1.5M Seed investment to scale users and product offerings

Published 04 May, 2021 07:48pm

Pakistani Fintech CreditBook that helps micro-entrepreneurs digitise and track their transactions raised $1.5 million in seed funding.
CreditBook plans on using this new investment to scale its users and product offering as well as hire the best talent nationally and internationally.

Karandaaz Pakistan accepts applications from banks, PSO and others

Published 30 Apr, 2021 05:06am

ISLAMABAD: Karan-daaz Pakistan is currently accepting applications from commercial banks, branchless banks, ...

Pakistan-based fintech SadaPay raises $7.2M in seed

Updated 31 Mar, 2021 01:27pm

SadaPay closes the largest seed round of $7.2 million ever raised by a startup in Pakistan.

P@SHA terms SBP measures for exporters a move in the right direction

Published 20 Feb, 2021 01:56pm

Days ago, SBP notified revisions in chapter 20 of the Foreign Exchange Manual to modernize foreign exchange regulations for facilitating startups, fintech, and exports in Pakistan.

Pakistani startup Safepay bags funding from Stripe

Updated 11 Feb, 2021 03:54pm

Ziyad Parekh and Raza Naqvi founded the startup in 2019, which became the first fintech company to have graduated from the Y Combinator in the 2020 batch.
“We feel well-positioned with the right partners backing us to help build on the increasing volume of digital payments as well as work with other Pakistani fintechs to further our vision," says Parekh.

Startups, fintechs and exports: SBP notifies revisions in chapter 20 of FE Manual

Published 11 Feb, 2021 04:34am

KARACHI: The State Bank of Pakistan (SBP) has notified revisions in chapter 20 of the Foreign Exchange Manual to...

BR100
BR30
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KSE30
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1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 2	278.66
USD PKR Interbank Buying / Jun 2	278.46
USD to Japanese Yen / Jun 3	159.91
USD to Swiss Franc / Jun 3	0.79
Pound Sterling to USD / Jun 3	1.35
Euro to USD / Jun 3	1.16
SOFR % / Jun 2	3.63

Stock	Volume
S&P 500 / Jun 2	7,609.78
Nasdaq / Jun 2	27,093.90
Dow Jones / Jun 2	51,307.79
India Sensex / Jun 3	73,756.94
Tokyo Nikkei / Jun 3	68,452.45
Hang Seng / Jun 3	25,630.80
FTSE 100 / Jun 3	10,342.09
Germany DAX 30 / Jun 3	24,951.88
France CAC40 / Jun 3	8,180.24

Item	Value
Gold 10 Grams PKR / Jun 2	408,403
Crude Oil USD/Barrel / Jun 3	94.92
Gold Spot USD/Ounce / Jun 3	4,463.91
Cotton US¢/pound / Jun 3	80.39
Petrol/Litre / Jun 4	381.78
Diesel/Litre / Jun 4	380.78

Gainers
Losers
Leaders

Stock	Price
Wasl Mobility Mod. / Jun 3 Wasl Mobility Modaraba(WASL)	5.91 ▲ 1 (20.37%)
Gulshan Sp. / Jun 3 Gulshan Spinning Mills Limited(GSPM)	6.18 ▲ 1 (19.31%)
First AL-Noor Mod. / Jun 3 First Al-Noor Modaraba(FANM)	6.88 ▲ 1 (17.01%)
Chenab Ltd (Pref) / Jun 3 Chenab Limited (Pref)(CLCPS)	3.85 ▲ 0.44 (12.9%)
Chenab Ltd / Jun 3 Chenab Limited(CHBL)	9.61 ▲ 0.91 (10.46%)
Askari Life Assur. / Jun 3 Askari Life Assurance Company Limited(ALAC)	19.24 ▲ 1.75 (10.01%)
Dawood Equities / Jun 3 Dawood Equities Limited(DEL)	20.56 ▲ 1.87 (10.01%)
Grays Leasing / Jun 3 Grays Leasing Limited(GRYL)	20.89 ▲ 1.9 (10.01%)
Shahzad Tex. / Jun 3 Shahzad Textile Mills Limited(SZTM)	68.38 ▲ 6.22 (10.01%)
Ideal Spinning / Jun 3 Ideal Spinning Mills Limited(IDSM)	72.48 ▲ 6.59 (10%)

Stock	Price
Khairpur Sug. / Jun 3 Khairpur Sugar Mills Limited(KPUS)	2,164.61 ▼ -240.51 (-10%)
Diamond Ind. / Jun 3 Diamond Industries Limited(DIIL)	71.48 ▼ -7.9 (-9.95%)
Tri-Star Mutual / Jun 3 Tri-Star Mutual Fund Limited(TSMF)	16.88 ▼ -1.62 (-8.76%)
Power Cem(Pref) / Jun 3 Power Cement (Pref)(POWERPS)	27.79 ▼ -2.41 (-7.98%)
Paramount Mod / Jun 3 First Paramount Modaraba(FPRM)	13.90 ▼ -1.1 (-7.33%)
AN Textile Mills / Jun 3 AN Textile Mills Limited(ANTM)	30.18 ▼ -2.23 (-6.88%)
Al-Khair Gadoon / Jun 3 Al-Khair Gadoon Limited(AKGL)	52.03 ▼ -3.68 (-6.61%)
Gammon Pak / Jun 3 Gammon Pakistan Limited(GAMON)	19.23 ▼ -1.32 (-6.42%)
Burshane LPG / Jun 3 Burshane LPG (Pakistan) Limited(BPL)	56.96 ▼ -3.61 (-5.96%)
Punjab Oil / Jun 3 Punjab Oil Mills Limited(POML)	147.13 ▼ -8.47 (-5.44%)

Stock	Volume
Treet Battery / Jun 3 Treet Battery Limited(TBL)	46,642,698 ▼ -0.03
Dewan Cement / Jun 3 Dewan Cement Limited(DCL)	33,760,377 ▲ 0.4
Sitara Petroleum Service / Jun 3 Sitara Petroleum Service Limited(SPSL)	25,238,548 ▲ 0.84
Beco Steel Ltd / Jun 3 Beco Steel Limited(BECO)	23,949,474 ▲ 0.46
P.T.C.L. / Jun 3 Pakistan Telecommunication Company Ltd(PTC)	23,376,596 ▲ 0.82
TPL Corp Ltd / Jun 3 TPL Corp Limited(TPL)	17,752,841 ▲ 0.38
Cnergyico PK / Jun 3 Cnergyico PK Limited(CNERGY)	16,285,113 ▼ -0.2
WorldCall Telecom / Jun 3 Worldcall Telecom Limited(WTL)	14,753,659 ▼ -0.01
K-Electric Ltd. / Jun 3 K-Electric Limited(KEL)	13,876,959 ▼ -0.12
Mahanna Islamic Index / Jun 3 Mahanna Islamic Index Traded Fund(MIIETF)	13,316,500 ▼ -0.13

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