CDC signs agreement with NIFT for enabling digital payments for its initiative “Emlaak Financials”

April 7, 2021: The agreement was signed by Mr. Haider Wahab CEO – NIFT, and Mr. Badiuddin Akber CEO of –  CDC at the head office of the Central Depository Company (CDC).

Haider Wahab CEO, NIFT stated, “We are delighted to be a part of CDC’s newly launched initiative for the Mutual Fund Industry. We understand that the “Emlaak Financials” platform has an aspiring roadmap, and we look forward to playing our role in enabling the platform and in making this service a success. NIFT will always focus to partner for unique and innovative ideas which will uplift the digital transformation in Pakistan.”

At the signing ceremony, Mr. Badiuddin Akber - CEO, CDC said, “As we embark on this collaboration with NIFT, it gives us immense pride that we are engaging NIFT’s payment gateway for the first of its kind mutual fund aggregator platform being launched in the financial landscape of Pakistan. The launch of this platform and its integration with NIFT’s services to enable secure and swift payments for mutual fund investors is in line with CDC’s vision of enhancing efficiency and ease of doing business.”

Press Release