Karachi: NayaPay, a financial technology platform, has partnered with the Securities and Exchange Commission of Pakistan (SECP) to simplify and expedite the business onboarding process for entrepreneurs and small and medium-sized enterprises (SMEs) in Pakistan. The collaboration aims to integrate NayaPay with SECP’s eZfile system, enabling secure and real-time access to verified company information.
According to NayaPay, the newly signed Memorandum of Understanding (MoU) with SECP will allow businesses registered with SECP to experience a faster digital onboarding process. This integration is expected to accelerate verification, reduce onboarding time, improve data accuracy, and simplify compliance for businesses joining the platform.
NayaPay Business is focused on providing a comprehensive financial management system tailored to the needs of entrepreneurs. The platform offers features such as digital invoicing, Visa debit card issuance with spending controls, integrated bill payments, and real-time financial oversight tools. These services are designed to help businesses manage their finances efficiently and align with global standards for financial products.
Currently, NayaPay Business is being rolled out to SECP-registered companies, with an invitation to join their Beta program, as they aim to support entrepreneurs in building and managing their ventures effectively in Pakistan.