Friday, December 27, 2024

Kistpay Partners with UNDP to Drive Digital Inclusion and Sustainable Development in Arab States

Kistpay, a pioneering fintech platform dedicated to advancing global financial inclusion through innovative technology solutions, is thrilled to announce a groundbreaking partnership with the United Nations Development Programme – UNDP. This strategic alliance, formalized through a Memorandum of Understanding signed during the Arab States Digital Day at the Mobile World Congress – MWC Barcelona on 28th February 2024, marks a significant stride towards fostering digital inclusion and sustainable development across the Arab region and beyond.

The collaboration between Kistpay and UNDP under the Digital for Sustainable Development – D4SD initiative underscores a shared commitment to harnessing the transformative power of digital technologies to address pressing development challenges. Through this partnership, Kistpay and UNDP are poised to pioneer initiatives aimed at promoting digital literacy, universal connectivity, and public-private partnerships, among other strategic objectives.

Mr. Asif Jafri, Founder and CEO of Kistpay, emphasized the pivotal nature of the collaboration. He highlighted, “collaborating with UNDP marks a pivotal moment for Kistpay as we are driven by a shared vision of leveraging technology to foster sustainable development and empower communities worldwide, especially the unbanked populations. Together, we will enhance the access to digital services and drive socio-economic growth to pave the way for inclusive digital ecosystems that leave no one behind.”

In alignment with Mr. Jafri’s sentiments, Ms. Marina Walter, Deputy Assistant Administrator and Deputy Regional Director for UNDP in the Arab States, expressed her optimism about the partnership highlighting that “this collaboration with Kistpay represents a significant step towards bridging the digital divide and promoting sustainable development in the Arab region. By joining forces, we can create innovative solutions that empower communities and foster inclusive growth.”

The signing of the MoU between Kistpay and UNDP signals the beginning of a promising partnership aimed at leveraging digital technologies to accelerate progress towards sustainable development goals to create digital ecosystems.

Learn more about Kistpay’s mission and impact at kistpay.pk or follow us on social media @Kistpay.

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