easypaisa, Binance partner on FinTech growth in Pakistan

By Milan Rojan

easypaisa digital bank and Binance have signed a Memorandum of Understanding (MoU) to explore opportunities in emerging financial technologies, digital savings and investment solutions, marking a new step in Pakistan’s evolving digital finance landscape.

The agreement was signed in Islamabad by Jahanzeb Khan, President & CEO of easypaisa digital bank, and Tarik Erk, Regional Head for MENAT and Senior Executive Officer, Abu Dhabi, Binance. Under the MoU, the two organisations will explore potential areas of collaboration aimed at supporting financial innovation and expanding access to digital financial services in Pakistan.

The partnership has been structured as an exploratory arrangement, with any future initiatives subject to applicable regulatory approvals, licensing requirements and compliance obligations. Binance recently obtained Anti-Money Laundering (AML) registration under the Pakistan Virtual Assets Regulatory Authority (PVARA), a development that has strengthened its regulatory presence in the country.

The companies said the collaboration will focus on assessing opportunities across emerging financial technologies, while also supporting awareness, education and capacity-building initiatives. The move reflects growing interest in digital savings, investment products and technology-driven financial services as Pakistan continues its digital transformation journey.

“Together, we aim to explore innovative opportunities that can contribute to financial empowerment and support Pakistan’s digital future,” said Jahanzeb Khan, President & CEO, easypaisa digital bank.

Tarik Erk, Regional Head for MENAT and Senior Executive Officer, Abu Dhabi, Binance, said the MoU reflects a shared commitment to fostering responsible innovation and helping develop a stronger financial technology ecosystem.

The announcement comes as Pakistan’s digital finance sector continues to expand. According to the company, easypaisa serves one in every five Pakistanis and processed more than 4.5 billion transactions in 2025, with a total value exceeding PKR 15 trillion. Through the new agreement, both organisations will assess how emerging technologies and digital financial services can contribute to broader financial inclusion and economic growth in the country.