Key Takeaways
- easypaisa and KTrade have partnered to simplify digital stock market investments.
- Users can now open PSX investment accounts within 10 minutes via the easypaisa app.
- The initiative aims to increase financial inclusion and participation in Pakistan’s capital markets.
easypaisa digital bank and KTrade have joined forces to make stock market investments more accessible to the masses, through a groundbreaking partnership that enables instant digital Pakistan Stock Exchange (PSX) account onboarding via the easypaisa app.
The collaboration was formally unveiled during a ceremony in Islamabad, attended by senior representatives from the Securities and Exchange Commission of Pakistan (SECP), including Commissioner Muzaffar Mirza, and officials from both easypaisa and KTrade.
Through this partnership, easypaisa users can now open a KTrade PSX investment account within 10 minutes, marking a significant step towards financial inclusion and digital wealth creation in Pakistan.
Speaking on the occasion, Jahanzeb Khan, President & CEO of easypaisa digital bank, emphasized the company’s mission to unlock financial opportunities for every Pakistani, stating, “At easypaisa, our mission is to unlock access to financial opportunities for every Pakistani. Through our partnership with KTrade, we are extending this vision beyond payments and banking into investments, enabling users to participate in Pakistan’s capital markets through a simple, secure, and fully digital experience.”
Mahmood Ali Shah Bukhari, CEO of KTrade, echoed the sentiment, saying, “The future of investing lies in accessibility and convenience. Through our collaboration with easypaisa, we are bringing the stock market closer to millions of Pakistanis and making wealth creation opportunities available at their fingertips.”
The partnership aligns with broader national efforts to increase retail participation in capital markets, encourage the adoption of digital financial services, and create new avenues for wealth creation among underserved segments of society.
Representatives from the National Clearing Company of Pakistan Limited (NCCPL) and the Central Depository Company (CDC) highlighted the significance of digital innovation in expanding investor participation and strengthening Pakistan’s financial ecosystem.
With over 60 million registered users and as the country’s first digital bank to commence commercial operations, easypaisa remains aligned with the State Bank of Pakistan’s vision of driving inclusive economic growth and continues to expand its range of financial products.
The partnership’s impact was immediate and unprecedented, with easypaisa and KTrade recording the highest single-day investment account onboarding volume in PSX history, setting a new benchmark for digital wealth creation in Pakistan.
At easypaisa, our mission is to unlock access to financial opportunities for every Pakistani. Through our partnership with KTrade, we are extending this vision beyond payments and banking into investments, enabling users to participate in Pakistan’s capital markets through a simple, secure, and fully digital experience.
Jahanzeb Khan, President & CEO, easypaisa digital bank
The future of investing lies in accessibility and convenience. Through our collaboration with easypaisa, we are bringing the stock market closer to millions of Pakistanis and making wealth creation opportunities available at their fingertips.
Mahmood Ali Shah Bukhari, CEO, KTrade
