#HUGOBANK

HugoBank has begun actively onboarding approved internal pilot participants onto its digital banking platform, marking a significant step towards commercial operations following approval from the State Bank of Pakistan (SBP) to commence controlled pilot operations as a Digital Retail Bank under a Restricted Licence. The bank opened its first pilot customer account on 25 September…

HugoBank, one of Pakistan’s premier upcoming digital banks, today announced that it has received approval from the State Bank of Pakistan (SBP) to initiate pilot operations. This is a significant milestone in HugoBank’s journey to deliver a secure, intuitive, and inclusive digital banking experience. The pilot approval allows HugoBank to test its products, systems, and…