ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) on Monday published an updated Whitelist of Digital Lending Applications on its website. According to the details released by the SECP, the digital Nano loans are short-term loans with high-interest rates and additional charges. Everyone needs to understand the potential risk of over-indebtedness. The body asked the potential clients to borrow responsibly and only take loans that they can comfortably repay within the agreed-upon timeframe to avoid financial difficulties. The clients must read the terms and conditions carefully before availing any loan. “Your financial well-being is our priority”, the SECP added. The SECP-approved list revealed the names of 14 apps. The SECP has specified the names of the non-banking finance companies, URL, and Logo of the companies. The list included JingleCred Digital Financial Services Limited (Nano & BNPL) (Paisayaar); 4Sight Finance Services (Pvt) Limited (Nano & BNPL), (Aitemaad); Walee Financial Services (Pvt) Limited (Hakeem); Pakisnova Microfinance Company (Pvt) Limited (Fauri Cash); Goldlion Financial Private Limited (SmartQarza); JazzCash Private Limited, JazzCash Android JazzCash IOS (Digital Lending Tool); Zanda Financials (Pvt) Limited (Money Tap); VisionCred Financial Services (Pvt) Limited (Pakcredit); Finleap Financial Services (Private) Limited (Daira); Easy Finance (Private) Limited (Loan Lado); Bluesky Financial Services (Private) Limited (Cash Bazar); Awami Financials (Private) Limited (Sahara); Quark Financials Pakistan (Private) Limited (Paisa Ghur), and Fintech Gharana Financial (Private) Limited (Qarz Mitra). The SECP has issued a separate list of the approved NBFCs - other Lending Apps (i.e, EWA, BNPL, B2B, B2C, etc): The approved list of other 11 lending apps included Abhi Private LTD (Earned Wage Access) (Google Play: Abhi - Your Salary Now!) (LogoApple App Store: Abhi - Your Salary Now!; Tez Financial Services Limited (Buy Now Pay Later) (Google Play – Zood Pay & Zood Mall), Apple App Store – Zood Pay & Zood Mall; Cashew Financial Services Limited (B2B Financing) (Muawin); Qist Bazaar Pvt Limited (Buy Now Pay Later) Qist Bazaar; Credit Book Financial Services Limited (B2B Financing), Tijara; Edufi Financial Services (Private Limited (Study Now Pay Later), Edufi; Taleem Finance Company Limited (Education Finance) Taleem Connect; Neem Exponential Financial Services (Private) Limited (Earned Wage Access), Neem Paymenow; Viva Finance (Private) Limited (Earned Wage Access), Nova Finance; MG Financial Services Limited (Buy Now Pay Later), Baadmay and Alif Finance (Private) Limited (Buy Now Pay Later), and Alif Shop. Copyright Business Recorder, 2025