Chinese FinTech giant Fintopia eyes Pakistan market

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MG News | December 17, 2025 at 05:16 PM GMT+05:00

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December 17, 2025 (MLN): Pakistan has assured full facilitation to Chinese FinTech giant Fintopia China for launching digital financing initiatives in the country, as the government intensifies efforts to attract technology-led foreign investment and strengthen Pak–China economic cooperation.

The assurance was given by Federal Minister for Board of Investment (BOI) Mr. Qaiser Ahmed Sheikh, who held an important meeting with a delegation of Fintopia China at the Board of Investment, Islamabad, said a press release issued.

During the meeting, the minister reaffirmed that Pakistan and China are iron-clad friends and said bilateral cooperation particularly in investment and technology-driven sectors is expanding under the shared vision of both countries.

He said the visit followed Fintopia’s participation in the Pakistan–China B2B Investment Conference held in Beijing in September 2025 during Prime Minister Muhammad Shehbaz Sharif’s visit.

Mr. Qaiser Ahmed Sheikh highlighted Pakistan’s strong market potential, noting that as the world’s fifth most populous country, it offers a large consumer base for FinTech and digital financial services.

He emphasized that technology-led growth is a key priority of the government under the prime minister’s leadership.

The minister said FinTech and digital finance initiatives could significantly support small businesses and SMEs while creating entrepreneurial opportunities for youth.

In response, the Fintopia delegation expressed strong interest in initiating a digital financing venture in Pakistan and exploring structured collaboration with public and private sector stakeholders.

The delegation was briefed on key government reforms, including the Business Facilitation Center (BFC) and the Asaan Karobar Act, aimed at improving ease of doing business and reducing regulatory hurdles.

They were also informed about investment incentives available in Special Economic Zones (SEZs), particularly for high-growth and technology-oriented sectors.

Mr. Sheikh reiterated that facilitating investors remains a top government priority and assured the delegation of full support for any prospective investment, partnership, pilot project, or digital financing initiative in Pakistan.

 

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