Day: September 29, 2021

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QisstPay raises $15M, cementing itself as the fastest growing emerging markets BNPL player from Pakistan

ISLAMABAD, Sept. 29, 2021 /PRNewswire/ — QisstPay, Pakistan’s first and fastest growing buy now pay later platform (BNPL), today announced that they have raised $15M across its seed & pre-seed rounds with a mix of equity and debt. MSA Capital led the round, with institutional investment participation from Global Founders Capital; Fox Ventures, First Check Ventures; and a series of strategic angel investments from Simone Mancini and Johnny Mitrevski, Co-Founders of Scalapay, who recently raised a $155M Series A round at a $700M valuation; Ashley Davies, former CFO of Venmo and current Sylp CFO; former C Suite at Affirm; Adam Mawdesley, VP of Partnerships & Product at Splitit; and United Bank Limited of Pakistan.

QisstPay is an installment payment service for emerging markets offering interest free platform. When chosen at checkout, QisstPay allows customers to pay for their purchase in installments with 0% interest and no late fees. The service allows Pakistanis to pay for everyday necessities, effectively building better cash management in what is otherwise considered a very cash-driven society.

Co-Founder and CEO, Jordan Olivas is a former Klarna employee, who supported the launch of the company’s Pay In 4 solution, one of the world’s biggest BNPL platforms. “After moving here to Pakistan, I noticed how badly the people of this country need a financial tool to help them purchase goods and services that they not only want, but actually need,” says Olivas.

Seeing a week to week growth on 92% rate, QisstPay is currently serving over 500 retailers in Pakistan, including Samsung, Camelbak, Diesel, Philips, Xiaomi MiStore, Lenovo & regional leaders such as Sapphire, Uniworth & the largest Shopify store in the country, elo.

“Export leftovers has recently seen another high of hitting the fastest spike of 85% on average order value ever since we have started to offer QisstPay BNPL to our customers,” says Umar Qamar Co-Founder of Elo, the largest shopify Ecommerce brand in Pakistan.

To learn more, please visit https://qisstpay.com/.

About QisstPay

QisstPay is an installment payment service for emerging markets. QisstPay is a Buy Now, Pay Later platform that, when chosen at checkout, allows customers to pay in installments with 0% interest. They are addressing the lack of flexibility, integration, and the hidden fees currently plaguing Pakistan’s BNPL landscape by giving customers an efficient, adaptable, interest free platform.

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Scholarships in Saudi Arabia for higher studies 

Karachi, September 29, 2021 (PPI-OT):DSU’s IERC (International Education Resource Center) would like to bring to the attention of DSU’s alumni and students that Saudi Arabia is offering 600 fully funded scholarships to Pakistani students for PhD, MS and Bachelor studies, for the academic year 2021-2022.

If you have already applied to a university in Saudi Arabia which appears on the list provided in the link below and have been accepted to that Saudi Arabian university, you can apply for this fully funded scholarship.

More details can be found on this link:

http://www.pakembassyksa.com/Announcements.aspx

For more information, contact:
Manager Marketing,
DHA Suffa University (DSU)
DG-78, Off Khayaban-e-Tufail, Ph-VII (Ext.),
DHA, Karachi-75500, Pakistan
Tel: +92-21-35244871
Email: sabah.baloch@dsu.edu.pk
Website: www.dsu.edu.pk

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Message from Engr. Haider Nisar about his experience of studying Mechanical Engineering at DHA Suffa University

Karachi, September 29, 2021 (PPI-OT):“The journey to this goal was long, with many obstacles and detours but after countless challenges, it is finally come to fruition. I am deeply thankful to the faculty members at DHA Suffa University, who shared their wisdom, expertise and encouragement while enabling me to become a skilful engineer. I will always be proud to be a Suffian.” Engr. Haider Nisar is currently employed as Maintenance Engineer at Savola Group, Jeddah, and KSA.

For more information, contact:
Manager Marketing,
DHA Suffa University (DSU)
DG-78, Off Khayaban-e-Tufail, Ph-VII (Ext.),
DHA, Karachi-75500, Pakistan
Tel: +92-21-35244871
Email: sabah.baloch@dsu.edu.pk
Website: www.dsu.edu.pk

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Common Wealth Scholarship Programme 2022

Karachi, September 29, 2021 (PPI-OT):DSU’s IERC (International Education Resource Center) would like to bring to the attention of DSU’s students and alumni that HEC’s Commonwealth Scholarship program 2022 for fully funded MS and PhD studies abroad is presently accepting applications. The deadline to apply online is 1st-Nov-2021. DSU’s students in the final year of their undergraduate studies as well as DSU’s alumni are strongly encouraged to apply.

More details can be found on the following links:

http://www.hec.gov.pk/site/cwgsp

For more information, contact:
Manager Marketing,
DHA Suffa University (DSU)
DG-78, Off Khayaban-e-Tufail, Ph-VII (Ext.),
DHA, Karachi-75500, Pakistan
Tel: +92-21-35244871
Email: sabah.baloch@dsu.edu.pk
Website: www.dsu.edu.pk

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World Maritime Day Celebrations

Islamabad, September 29, 2021 (PPI-OT):The World Maritime Day (WMD) was first celebrated in 1978 to mark the 20th anniversary of the IMO Convention’s entry into force. Since 2005 onwards, the event is also hosted by the member states in the last week of September. Celebrations are held throughout the world to draw attention on the importance of shipping safety, maritime security and the marine environment.

The WMD-21 Theme “SEAFARERS: at the core of shipping future” recognizes the hardship faced by the seafarers during the Covid-19 pandemic. The professionalism and dedication of the two million seafarers who serve on the world’s merchant fleet, is being marked this year.

The celebrations would raise awareness of seafarersʹ crucial role in world trade and increase their visibility and exceptional contribution as key and essential workers on the front line of delivering vital goods through a pandemic and in ordinary times and ensure the functioning of the global supply chains.

Besides shipping and ports, the maritime industry has many extensive domains, such as, energy and renewable energy sector, fisheries, maritime transportation, tourism, climate change and waste management. The maritime sector is considered as main financial pillars and its sustainable development would boost the ‘Blue Economy’ in the country. The services of Maritime expert, engaged in these sectors of Blue Economy also need to be highlighted and merit recognition.

Pakistan is a member of International Maritime Organization (IMO). IMO and its member states are celebrating Maritime Day on 30th September 2021. In line with its traditions, NIMA has planned to utilize this opportunity and highlight the importance of maritime sector and the professionalism, commitment and services of seafarers during regular and challenging times through conduct of webinar and there activities.

PROPOSED WORLD MARITIME DAY CELEBRATIONS ACTIVITIES AT NIMA KARACHI

The following activities are being proposed:

Seminar/Webinar “Seafarers: at the core of shipping future”

Date: September 30, 2021 (Thursday)

Venue: NIMA Karachi and through Zoom

Display Wall

A ‘THANK YOU SEAFARERS wall’ to be displayed at NIMA (or at other site to be decided).

Media Campaign

Awareness raising activities to be carried out involving print, electronic and social media.

Organizers:

Team NIMA-Karachi

For more information, contact:
Bahria University
Shangrilla Road, Sector E-8, Islamabad, Pakistan
Tel: +92-51-111-111-028
Fax: +92-51-9260885
Email: info@bahria.edu.pk
Website: www.bahria.edu.pk

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MOU inked between SALU and Makhdoom Abdul Rehman Shaheed educational trust

Khairpur, September 29, 2021 (PPI-OT):A Memorandum of Understanding (MoU) inked between Shah Abdul Latif University Khairpur and Makhdoom Abdul Rahman Shaheed Cultural, Educational and Development Trust, Khuhra. Prof. Dr. Khalil Ahmed Ibupoto, Vice Chancellor Shah Abdul Latif University Khairpur and Makhdoom Nadeem Ahmed Hashmi, Chairman of the Trust signed the MoU.

The trust shall cooperate for the arrangement of Seminars, conferences on Sufism, Peace, Tolerance, Education, and Culture in collaboration with Shah Abdul Latif University Khairpur. The teaching and research work of Makhdoom Abdul Rahman Shaheed and other Saints will be carried out. The trust will establish any institute for the education of Sufism. The University will provide technical support for the development of the syllabus.

Shah Abdul Latif University Khairpur under this agreement, will conduct the research work of M. Phil and Ph. D program on Islamic Studies, Sufism, History and Culture. Moreover, the seminars will be organized on the life of Shah Abdul Latif Bhittai, Lal Shahbaz Qalandar, Sachal Sarmast, Makhdoom Abdul Rahman Shaheed, Sufi Shah Inayat and others. The Makhdoom Abdul Rahman Shaheed Chair will be established at Shah Abdul Latif University Khairpur.

Prof. Dr. Taj Muhammad Lashari Dean Faculty of Social Sciences, Dr. Sajjad Ali Raeesi, Director Institute of Islamic Studies, Prof. Altaf Aseem, Focal Person of the Trust, Dr. Naveed Ahmed Shaikh, Director Postgraduate Studies, Dr. Noor Hassan Chandio, Incharge Department of Geography, Mr. Ashfaque Shaikh, Mr. Zohaib Memon, Secretary to Vice Chancellor and others were present on this occasion.

For more information, contact:
Shah Abdul Latif University, Khairpur
Tel: +92-243-9280051-4
Fax: +92-243-9280060
Email: info@salu.edu.pk