Tag Archives: Karandaaz Pakistan

A small-scale pharmaceutical distributor in Peshawar got two breakthroughs 2006 and 2014 acquiring distribution contracts of fast moving consumer goods for two of country’s top FMCG firms. The fast expansion made the distributor, Makka Distribution Agency, seek financing options. One of the FMCG companies the distributor worked for facilitated in …

Islamabad, January 09, 2018: Karandaaz Pakistan, supported by UK’s Department for International Development (DFID), is providing a loan of PKR 700 million to ORIX Leasing Pakistan to increase access to finance for small enterprises. ORIX will use this facility to on-lend to small businesses and grow the share of loans …

Islamabad, October 18, 2017: 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. …

Tuesday, September 19, 2017 – Islamabad: Karandaaz Pakistan, an initiative to support financial inclusion and small and medium enterprises (SMEs) is providing a grant of USD 2.3 million to a digitization project of the  Central Directorate of National Savings (National Savings). Through this digitization project, CDNS will provide alternate delivery …

All around the world, Financial Technology firms or Fintechs are now transforming the financial industry. Financial Technology Partners, an investment bank which has a special focus on FinTechs, has revealed that FinTechs around the world raised a whopping $36 billion in 2016 out of which 38% was raised in the …

One of Pakistan’s top financial technology & inclusion players, Karandaaz Pakistan, has signed grant agreements with four winners of the ‘FinTech Disrupt Challenge’ 2017. Aimed at hunting for extraordinary startup ideas worthy of creating substantial social impact, the second chapter of FDC solicited innovative responses to bottlenecks in Pakistan’s financial …

Pakistan’s top agency for promotion of financial inclusion, Karandaaz Pakistan announced ‘CreditFix’ the winner of its Fintech Disrupt Challenge 2017 after a close competition between extraordinary startups at the Institute of Business Administration (IBA), Karachi. CreditFix, founded by Owais Zaidi will receive up to $100,000 in funding whereas the three …

  Innovative supply chain financing presents an unprecedented opportunity to disrupt traditional SME banking credit models, and, improve the livelihoods of millions of people in emerging markets. Innovation in supply chain financing is primarily driven by combining a key value proposition for the anchor corporate with a technology-enabled ecosystem. With …

March 13, 2017: Kaiyan Yousaf, Senior Manager Knowledge Management, Karandaaz Pakistan, speaks about the importance of supporting women-owned enterprises and startups at the Women Entrepreneurship Conference – WECON ’17 – held at the HEC Auditorium, Islamabad. He introduced the concept behind the second round of the Innovation Challenge Fund (ICF) …

ISLAMABAD- February 28, 2017: Country’s largest entrepreneurial festival ‘LUMS Startup Weekend’, a collaboration of Karandaaz Pakistan and Lahore University of Management Sciences (LUMS), concluded today with the NFC payment solution ‘Paycard’ winning the competition. The event was in line with Karandaaz Pakistan’s mission to foster financial and digital inclusion in the …