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ISLAMABAD, Dec 02 (APP): American Business Magazine Forbes while highlighting improvements in Pakistan’s IT sector reported that investment in Pakistan’s financial technology sector has doubled to $ 26.3 million in 2024.
Forbes in its released a report said that under the leadership of Prime Minister Shehbaz Sharif, the economic reforms of Finance Minister Muhammad Aurangzeb, and the efforts of Federal IT Minister Shaza Fatima Khawaja, Pakistan’s journey toward financial technology is advancing rapidly.
Pakistan’s shift toward financial technology is accelerating due to the leadership of Prime Minister Shehbaz Sharif and the efforts of Federal IT Minister Shaza Fatima Khawaja.
The Pakistan Startup Fund, the flagship program of the Ministry of IT, is providing equity-free grants to attract venture capital. In the first six months of 2025, investment in the sector further jumped to $52.5 million, indicating a clear sign of strong recovery.
This rapid growth witnessed in the sector is owing to the government reforms and strong regulatory support. The government’s digitalization agenda is strengthening investor confidence.
Equity-free grants issued under the Pakistan Startup Fund, operating under the Ministry of Information Technology, are playing a key role in increasing investor interest.