Financial Technology firms, referred to as ‘FinTechs’ are revolutionizing the financial industry all over the world.

FinTechs are technology-focused start-ups, innovating products and services currently provided by the financial services industry. The importance of FinTechs for emerging markets such as Pakistan, is promising as they play a vital role digitizing payments. With this focus, Karandaaz Pakistan commissioned a research to conduct an in-depth assessment of the ecosystem for FinTechs in Pakistan.

Karandaaz Pakistan recently held a Fintech Disrupt Challenge (FDC 2016) in collaboration with the Lahore University of Management Sciences Center for Entrepreneurship (LCE) with the aim of fostering fintechs in the country.