Ideas in Technology, Innovation and Growth: KASB Securities Hosts Technology Investment Conference in Karachi

 

KASB Securities Hosts Technology Investment Conference in Karachi

To mark the launch of their brokerage services, Khadim Ali Shah Bukhari (KASB) Security Private Limited recently organized a Technology Investment Conference in Karachi on the 2nd of April 2018.

The one day tech investment conference focused on the opportunities in the tech and digital sector. KASB believes that Pakistan is one of the most attractive markets for the growth in digital technologies and that the digital sector has the potential to drive the next wave of foreign investment and drive earnings growth and productivity gains in the economy.

Read: NIFT, TPS Collaborate For An Inclusive Digital Financial Services Platform in Pakistan

The conference was titled: ‘Ideas in Technology, Innovation and Growth’ and featured presentations from 12 leading digital companies from Pakistan. Panel discussions were held by EasyPaisa, Rozee.pk, Pakwheels, Yayvo.com, Uber, and Careem. Along with global funds from 5 countries, domestic asset managers, banks and corporate investors were also in attendence at the conference.

The focal point of discussion at the conference was how to digitize cash transactions which at the moment account for 97 per cent of online business.

Speaking at the conference, Co-Founder Finja, Qasif Shahid said,

“We need to make digital payment free, friction-less, and real time.
The fastest way to transform Pakistan is to digitize the economy”

The conference was concluded by the KASB Managing Director, Ali Farid Khwaja, who predicted that Pakistan can produce at least five tech unicorns over the next 3-5 years and that it is the aim of KASB Securities to connect global capital with growth companies in Pakistan.