NayaPay, Pakistan’s premier Electronic Money Institution (EMI), clinched the coveted ‘Best Fintech’ award at the prestigious Pakistan Banking Awards 2023. This event, hosted by the Institute of Bankers Pakistan in collaboration with The DAWN Media Group and A.F. Ferguson & Co. (a PwC network member), celebrated outstanding contributors to the financial industry.
This year’s awards marked a significant addition with the introduction of the ‘Best Fintech’ category, reflecting the increasing role of technology in finance. NayaPay’s triumph in this category underscores its pivotal role in reshaping Pakistan’s financial landscape, markedly improving the accessibility and user experience of financial services for both individuals and businesses.
An esteemed panel of judges from the banking and financial sectors, including former State Bank Governor Syed Salim Raza, evaluated the nominees’ contributions to the industry, providing a comprehensive assessment.
Danish Lakhani, CEO of NayaPay, expressed gratitude in his acceptance speech. He acknowledged the State Bank of Pakistan for its progressive policies that fostered fintech growth. Lakhani also thanked his dedicated team for their hard work and the customers whose trust and support propelled NayaPay’s journey.
The event delved into the broader future of banking in Pakistan, featuring a discussion led by Jameel Ahmed, the Governor of the State Bank of Pakistan and Chief Guest at the Awards. Ahmed outlined the ‘Vision 2028’ plan, underscoring the imperative of embracing technological advancements to align with global banking trends.
NayaPay’s recognition and success in the ‘Best Fintech’ category highlight its pioneering efforts in leveraging technology to redefine and enhance financial services in Pakistan.