Fintech In Iran

Iranians in increasing numbers are moving toward using cards and digital payments instead of paying in cash. However, intermittent availability of bank systems has made them cautious about…

The Central Bank of Iran has for the first time sought the help of Iran Fintech Association (FintechA) to make its final decision about the long overdue task of regulating fintech companies and…

A draft proposal for regulating digital currencies has been developed by Iran’s National Center for Cyberspace and is set to be passed by the High Council of Cyberspace in the next four months, an…

ZPay, a payment application for foreign tourists in Iran, won Bank Pasargad Iran’s award for best financial innovation in the First Fintech Festival.

A group of 16 participating teams…

Startup companies are conventionally for-profit enterprises, but in recent years philanthropic ventures have begun adopting the startup model and technological knowhow to develop new non-profit…

A group of Iranian fintech companies has formed Iran’s Fintech Association, soon after the Central Bank of Iran put forward the idea.

Nasser Hakimi, the director of CBI’s IT Department, had…

The exponential growth of fintech startups in Iran, along with financial and technical services provided by various domestic entities, has placed Iran on the path to become a regional fintech hub…

Private banks in Iran have started to embrace innovative technologies more than ever, striving to address major issues on their path toward modernization and profitability.

These measures…

Bank Pasargad Iran will hold the First Fintech Festival and the Second Fintech Trig-Up event, “to support commercializing innovative ideas in the financial sector and address fintech firms’…

The privately-owned Ayandeh Bank, in a ceremony on Thursday, unveiled an open banking API portal called Finnotech, which is the first of its kind in Iran’s banking system.

Finnotech aims to…

The Central Bank of Iran has outlined an innovative, flexible and strong future for the banking system in its “2021 Roadmap”, the bank's deputy for innovative technologies said.

Iran Center for E-Commerce Development, e-commerce industry’s top body, is set to regulate the operation of unofficial payment tools, referred to as aggregators, after profiling owners and their…

The Central Bank of Iran is planning to launch a new regulatory body specifically for fintech firms, a CBI official announced on Sunday.

The Office of Vice President for Science and Technology Affairs will send the final version of “financial framework of knowledge-based economy” to the government by December 21, in which fintech…

The Central Bank of Iran should take quick measures for regulating fintech firms to prevent potential problems in future, said the director of IT Center of Export Development Bank of Iran, noting…

Lawmakers will back the promotion of financial technologies and innovations, as they bolster the economy, said Majlis First Deputy Speaker Masoud Pezeshkian.

The Central Bank of Iran has clarified the lawful framework for the operation of  fintech companies, though policymakers could well reverse the trend.

Kish Iran Credit Card Company, an authorized payment service provider, unveiled PayPat application for use in both Android and IOS devices.

Parsian Lotus Investment Bank is launching its first venture capital fund in September, boursepress reported.

The fund called Rouyesh Lotus will focus investments in health and…

In recent months the Central Bank of Iran has set new boundaries for the banking system, preventing them from further getting mired in the frenzied race to attract deposits.  

Eliminating the army of regulating bodies and recommending a unified regulator for the fintech industry was the main topic at FinTechs and Regulatory panel held at the FINSTARS event on Wednesday…

Shaparak, the domestic payment and settlement network, handled 831 million transactions during the first month the fiscal year that ended in March with a total value of 786.3 trillion rials…

The FinTech Trig-Up event wrapped up this week at Khatam University, affiliated with Bank Pasargad, with top innovators receiving cash prizes.

FANAP ICT Company, affiliated to Bank Pasargad…

FANAP ICT Company, affiliated to Bank Pasargad Iran, will hold a “FinTech” (financial technology) competition to promote banking and payment innovations. Software developers will have the…

A new report released by Accenture showed that nearly $3.5 billion worth of investments in financial technology were made in Asia Pacific in the first nine months of the year, AsiaFirst reported.…