Neem, Pakistan's leading embedded finance platform, has partnered with the  Bank of Punjab (BOP)(BOP), a prominent financial institution recognised for its focus on customer-centric innovation and financial inclusion. Through this collaboration, Neem will utilise BOP's comprehensive branchless banking infrastructure to deliver embedded payment solutions, including collections, disbursements, and future card programs. This partnership enhances Neem's payment infrastructure, providing businesses across Pakistan with more efficient, secure, and reliable financial services.

Our collaboration with Neem represents BOP's commitment to driving innovation in Pakistan's financial sector," said Imran Ashraf - Head Digital Banking at Bank of Punjab. " This collaboration will enable seamless financial services, including disbursements, bill payments, and more. It is a significant step in the evolution of embedded finance, and we are excited about the progress we are making.

This collaboration will also enhance Neem’s earned wage access solution, Neem Paymenow, by enabling instant and secure disbursement of earned wages directly to employees' bank accounts nationwide. Additionally, Neem's wallet system solution will leverage BOP's banking infrastructure to establish a reliable and customised payment ecosystem designed for businesses with multiple stakeholders and complex money movement needs.

By integrating our innovative technology and financial products with BOP's robust banking infrastructure, we are building a more inclusive and efficient financial ecosystem to empower businesses across Pakistan," said Nadeem Shaikh, Co-founder of Neem.

This strategic alliance is pivotal for Pakistan's fintech ecosystem, representing a collaboration between an established financial institution and an innovative fintech player, united in their vision to deliver meaningful financial products to businesses across the country.

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