ISLAMABAD, JULY15: The top bank in Pakistan, HBL, has made a strategic investment in AFT, a cutting-edge fintech startup, with the goal of boosting the growth of Pakistan’s merchant and agricultural industries.In these vital unbanked industries, our investment will improve operational efficiency and financial inclusion.
AFT provides farmers and merchants with a bilingual interface for digital payments and financial services through its Digitt+ platform.By providing farmers with timely payments and businesses with easy digital transactions, HBL’s investment in AFT will increase financial inclusion in Pakistan.
Head of Corporate Strategy at HBL Naeem Bashir Ahmad commented on this development, saying: “HBL is excited about our investment in AFT, a firm that embodies our objective of using technology to assist the underserved. A key component of our dedication to promoting innovation and economic expansion nationwide is this calculated investment. Together, we want to change the financial environment for SMEs, farmers, and merchants in Pakistan.
“The support from HBL is a significant step forward for AFT and the communities we serve,” stated Qasim Akhtar Khan, the organization’s founder. Through this partnership, we will be able to scale up our solutions and improve the efficiency, security, and accessibility of financial services for the merchant and agricultural industries. Our goal is to increase financial inclusion, and HBL’s investment greatly strengthens our ability to have a long-lasting effect.