Pakistan has built more fintech infrastructure in the past decade than most people realise. JazzCash serves 48 million registered users. Easypaisa became the country’s first licensed digital retail bank in January 2025. RAAST, the State Bank’s instant payment rail, processed 89 percent of all retail transactions by early 2025. The country has 450 fintech companies, $391 million in cumulative venture capital, and remittance corridors connecting 10 million overseas Pakistanis to the domestic economy.

Yet ask which Pakistani fintech is competing globally, and the honest answer is: almost none of them yet.