In a forward-thinking step toward digital finance, The Bank of Punjab (BOP) has signed an MoU with Singapore-based fintech Surfin Meta Digital Technologies. The agreement, signed in Islamabad by BOP’s Chief Digital Officer Nofel Daud and Surfin Meta’s Li Jin, was backed by BOP CEO Zafar Masud.
What’s the Goal?
The partnership will explore:
- AI-driven credit scoring
- Digital onboarding
- Merchant payment systems
The aim is to improve access to finance for SMEs, startups, and youth entrepreneurs, offering quicker, fairer, and tech-powered solutions.
Why It Matters
Many small business owners struggle with traditional banking hurdles. This collaboration intends to simplify the process and expand financial access across Punjab and beyond.
What’s Next?
Pilot programs and live demos are expected in the coming months. If successful, these tools could reshape BOP’s digital offerings and set a new standard for smart banking in Pakistan.
This move is part of BOP’s broader strategy to empower underserved communities through innovation and inclusive tech.