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SBP clears 4 fintechs in first regulatory sandbox

SBP has completed its inaugural regulatory sandbox cohort (Jan-Jun 2026), greenlighting four remittance and open-banking solutions from Taptap Send UK, UBL, Digi Khata, Swich Retail and Neem. Participants must still secure separate SBP authorisation before commercial launch.

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About State Bank of Pakistan (SBP)

Pakistan's central bank. It sets monetary policy, manages foreign exchange and remittances, and regulates the banking system through which most withholding taxes are collected.

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