PMIC launches Institution Development Fund for financial services startups in underserved areas

Islamabad, March 22, 2021: Pakistan Microfinance Investment Company Limited (PMIC), the country’s foremost organization serving as a vital pillar to the National Financial Inclusion Strategy, recently set up and launched its “Institution Development Fund” to provide support to the companies that would not normally meet PMIC’s financing requirements. PMIC has always encouraged greater ingenuity, innovation, and…

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Fatima Gobi ventures announces first batch of companies for Techxila fund I

 karachi, december 4 , 2020: Pakistani venture capital firm Fatima Gobi Ventures has announced the five startups that have received funding from their maiden fund, Techxila Fund I, which was announced late last year. The companies boast experienced founders in their management teams and operate in a variety of industries from e-commerce, travel, FinTech SaaS and…

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IBA-Bank Alfalah launched scholarship fund

KARACHI, July 13, 2020: The Institute of Business Administration (IBA), Karachi and Bank Alfalah Islamic have announced the Alfalah Islamic Scholarship Program to provide financial assistance for five fresh undergraduate students for their entire first year. The MoU for this initiative was signed by CEO and President of Bank Alfalah Atif Bajwa and Executive Director IBA Dr….

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Bank Alfalah, NBP and Mastercard unite to facilitate donations for COVID-19 Relief Fund

Karachi, June 10, 2020: Strengthening its commitment to supporting the Pakistani government during the COVID-19 crisis, Bank Alfalah has joined forces with Mastercard and National Bank of Pakistan (NBP) to provide a safe online donation portal to support those in need during the pandemic. Through the platform, people can now securely donate to Prime Minister…

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