How State Bank of Pakistan just killed the Payments & Fintech Startup Industry of Pakistan.



State Bank of Pakistan recently released the much anticipated Rules for Payment System Operators & Payment Service Providers.

The expectations were high. The results. Disappointing. Continue reading →

SVR – Small Value Remittances or Micro-Transfers.

Money transfer

The Undiscovered Country…

I’ve been studying remittances for a long time now; read countless documents, viewed hours of videos, listened to tons of podcasts and interacted with 100s of people on this issue. The one recurring element I see is the problem of micro payments across-the-border.


I think the word ‘micro’ here may do some injustice, for people think micropayments equate to sub $5 payments (which could very well be true). If you were to walk into a money-transfer store on Devon Avenue in Chicago, and wanted to send $25 to your brother in Pakistan, guess what? They can’t do this transaction. Continue reading →

Fractional Ownership Using HyperLedger

Fractional Ownership


Fractional Ownership Using HyperLedger

Fractional ownership is something I stumbled upon accidentally. I mean it was always staring at me in the face, with respect to the fractional ownership of private jets, yachts and expensive vacation homes, but the general use of fractional ownership for a common man… I had not seen or read much. Continue reading →

Bill & Melinda Gates Foundation drives digital adoption to foster financial inclusion

This article was first published in the Autumn 2014 issue of Finance on Windows
Tell us about your department at the Gates Foundation. Why was it set up?
I work in the ‘Financial Services for the Poor’ department. Our goal is to help the 2.5 billion poor people who don’t have access to financial services by increasing their access to better financial tools. Despite being poor, these people don’t stay in a constant state of poverty – they have fluctuations in…