Finvolution expands digital finance footprint in Pakistan
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.
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