Posted inChina, Pakistan, South Asia, World

Ant Financial is about to upend the entire Pakistani retail banking sector

Banking in Pakistan has not, to put it diplomatically, reached its full potential. It is so inefficient, according to one industry insider, that more than 35 banks provide services to only about 12% of the population. But Omer Salimullah, a fintech specialist with Karachi-based JS Bank, wrote in a post last week that the days are […]

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