Finvolution expands digital finance footprint in Pakistan

News Image

MG News | March 27, 2026 at 05:16 PM GMT+05:00

March 27, 2026 (MLN): Pakistan’s digital financial services sector is set to receive a boost as China’s Finvolution Group, along with its local subsidiary Finleap Financial Services (Pvt.) Ltd., plans to expand operations in the country.

The move aims to enhance financial inclusion by offering faster, transparent, and technology-driven lending solutions.

The initiative comes as Chairman of the Securities and Exchange Commission of Pakistan (SECP), Dr. Kabir Ahmed Sidhu, highlighted the country’s growing opportunities in digital finance, mortgage, and leasing.

He assured foreign investors of a business-friendly regulatory environment designed to support fintech innovation, according to the press release.

Finleap Financial Services, a SECP-licensed non-banking finance company, operates the digital lending platform “Daira,” providing short-term and installment-based credit to a broad customer base in Pakistan.

Finvolution Group’s entry is expected to expand formal credit access for underserved and unbanked populations while promoting responsible lending through data-driven credit assessment tools.

Headquartered in Shanghai and listed on the New York Stock Exchange, Finvolution Group has an international presence across markets including China, Australia, and Indonesia.

The company expressed appreciation for SECP’s regulatory reforms and pledged to contribute to Pakistan’s digital economy with innovative, technology-enabled financial solutions.

Copyright Mettis Link News

 

Related News

Name Price/Vol %Chg/NChg
KSE100 162,896.68
169.98M
0.67%
1091.66
ALLSHR 98,449.69
389.81M
0.63%
617.70
KSE30 48,687.46
89.94M
0.72%
346.80
KMI30 233,849.31
94.62M
0.50%
1168.71
KMIALLSHR 64,048.09
199.49M
0.59%
373.04
BKTi 44,347.06
28.49M
1.07%
471.40
OGTi 34,422.95
8.77M
1.31%
443.56
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 76,655.00 77,090.00
76,465.00
-180.00
-0.23%
BRENT CRUDE 111.16 111.49
110.16
-0.12
-0.11%
RICHARDS BAY COAL MONTHLY 110.00 0.00
0.00
-7.75
-6.58%
ROTTERDAM COAL MONTHLY 111.50 111.50
111.50
0.90
0.81%
USD RBD PALM OLEIN 1,191.50 1,191.50
1,191.50
0.00
0.00%
CRUDE OIL - WTI 104.12 104.45
103.12
-0.03
-0.03%
SUGAR #11 WORLD 15.04 15.13
14.69
0.31
2.10%

Chart of the Day


Latest News
May 19, 2026 at 05:30 PM GMT+05:00

Pakistan, Japan eye next chapter in minerals science


May 19, 2026 at 05:20 PM GMT+05:00

ECC approves National Gemstone Policy 2026–2030


May 19, 2026 at 04:50 PM GMT+05:00

Gold price in Pakistan remain unchanged



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg