Building Momentum: Pakistan’s Startup Ecosystem in H1 2024 and Outlook
The first half of 2024 presented a challenging environment for Pakistan’s startup ecosystem, mirroring global trends. According to S&P Global Market Intelligence, global VC funding declined in Q2 2024, an 8.3% drop from the previous year in deal value, and the...
From Rituals to Riches: Eid-ul-Adha’s Untapped Economic Potential in Pakistan
Pakistan’s religious tourism, animal sacrifice and related exports collectively make up for at least $7.8 billion worth of economics, annually, where spending include estimated $3.5bn on outward religious tourism, and $3.0bn of sacrificial spend, while earnings...
Pakistan’s Branchless Banking Transactions Cross 1Bn Mark in 2QFY24
For the first time in Pakistan, the total number of Branchless Banking (BB) transactions crossed 1 billion mark in a single quarter in 2QFY24 (Oct-Dec23). This achievement signals a shift towards digital finance and highlights the changing dynamics of financial...