In a groundbreaking achievement, NayaPay, Pakistan’s pioneer Electronic Money Institution (EMI), won the ‘Best Fintech’ title at the esteemed Pakistan Banking Awards 2023. The event, a collaborative effort by the Institute of Bankers Pakistan, The DAWN Media Group, and A.F. Ferguson & Co., acknowledged outstanding contributors to the financial sector.
This year’s awards notably introduced the ‘Best Fintech’ category, spotlighting the industry’s tech-driven evolution. NayaPay’s win underscores its pivotal role in revolutionizing Pakistan’s financial realm, notably amplifying accessibility and ease for both individuals and businesses.
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Esteemed judges from the banking and financial sectors, including former State Bank Governor Syed Salim Raza, evaluated nominees’ contributions. In his acceptance speech, Danish Lakhani, NayaPay’s CEO, credited the State Bank of Pakistan for its forward-thinking policies that fostered fintech growth. He also expressed gratitude to his dedicated team and loyal customers, whose trust has fueled NayaPay’s transformative journey.
The event delved into a discussion on the future of banking in Pakistan, with Jameel Ahmed, the State Bank of Pakistan’s Governor and Chief Guest, outlining the ‘Vision 2028’ plan. Emphasizing the need to embrace technological advancements, he highlighted their role in aligning with global banking trends.
