Digitt+ Granted Pilot Launch Approval in Pakistan

Digitt+ Granted Pilot Launch Approval in Pakistan

Digitt+, Pakistan’s first agriculture-focused Fintech, today announced that the State Bank of Pakistan has given it the necessary approval to pilot launch its Electronic Money Institution (EMI).

Our commitment at Digitt+ is to serve the ever-growing digital needs of the agricultural ecosystem. This includes financial inclusion for farmers and the unbanked through our technology, partnerships, and relationships with agribusinesses and FMCGs in Pakistan.

Our team of highly-talented payment experts has partnered with FuiouPay, a market leading international solution to any business that needs to transact over the internet. They offer multiple solutions for a variety of needs and purchase types.

The founder of Digitt+, Qasim Akhtar Khan, had this to say about the venture: “We look forward to providing financial technology solutions to the farmers of Pakistan who will be able to open bank accounts and gain access to credit and modern digital financial services such as bill payments, e-commerce, investments, and money transfers.”

“We’ve been working for three years to do this, and it has the potential to greatly improve agriculture in Pakistan,” he said. “It will help food security, increase crop yields, and improve people’s welfare by creating jobs.”

Ahmed Saleemi, the CEO at Digitt+, gave insight into how the company would unlock the potential of the agricultural economy. He said, “At Digitt+, we are using technology to develop innovative digital financial products focusing on microservices to build a comprehensive platform.”

“This will enable the delivery of these solutions to a wide range of users, not only for the retail Agri market but also for the corporate sector, through the provision of specialized business tools,” he added.

Digitt+ is looking forward to launching its new technology that will transform the Agriculture FinTech sector in Pakistan. The approval from the State Bank of Pakistan is a crucial first step on that long road ahead.

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