
In a remarkable development indicating the growing adoption of online transactions in Pakistan, fintech startup Finqalab has reportedly surpassed Rs5 billion in total transactions on its mobile investment app since launching in June 2024.
In the first five months of its rollout, the platform processed Rs1 billion, and added another Rs4 billion in the following five. The massive growth positions Finqalab as one of the "fastest-growing investment apps" in the country.
The company attributed its success to its user-first product strategy and consistent improvements ensured after customer feedback, according to ProPakistani.
“Our product strategy is simple — build something elegant, easy to use, and responsive to real user needs,” said Finqalab CEO Fatiq Bin Khursheed.
The fintech giant is deeply driven by financial literacy, using educational content on YouTube, expert collaborations, and corporate partnerships to make investing more accessible to ordinary users.
Through real-time community channels, Finqalab users can get in touch directly with experts. This way, the app helps "first-time investors" make informed decisions.
As Finqalab continues to enhance its platform by leveraging modern tools and community-driven features, it's likely going to become a leading invest-tech player in Pakistan's digital finance landscape.