Overview
- Pakistan’s fintech landscape counts roughly 450 companies with about US$391 million in total venture capital raised by late November, according to Forbes-linked reporting.
- Investment rebounded from US$12.5 million in 2023 to US$26.3 million in 2024 and US$52.5 million in the first half of 2025, after peaking at US$150 million in 2022.
- Haball closed a US$52 million pre‑Series A round in 2025, including US$47 million from Meezan Bank, underscoring deepening bank–startup collaboration.
- The State Bank’s digital bank licensing framework has moved into pilot mode with five entrants, including Easypaisa and Mashreq Bank, supporting a financial inclusion goal of 75% by 2028 from 64% in 2023.
- Pakistan is advancing a formal virtual‑asset framework as Bangladesh and Nepal maintain bans, with global engagement signaled by Bilal Bin Saqib’s role on the WEF steering committee and fresh investor interest such as Andreessen Horowitz’s US$12.9 million round for stablecoin startup ZAR.