easypaisa and KTrade launch instant digital PSX account opening
easypaisa digital bank and brokerage KTrade have partnered to let users open a PSX investment account in under 10 minutes via the easypaisa app, setting a record for single‑day onboarding.
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Desk Analysis
How This Affects the Exchange
Sector Effect
Positive · Buy bias
Digital onboarding boosts retail participation, favouring brokerage and fintech sectors; buy bias.
Sectors & Direction
Desk read
Desk call: Buy bias · Positively affected
- TechnologyPositively affected
- MarketsPositively affected
Companies
Mentions in This Briefing
Sectors: Technology, Markets — Positive · Buy bias. PSX tickers: MEBL, MCB, UBL, HBL, BAHL, FABL. Digital onboarding boosts retail participation, favouring brokerage and fintech sectors; buy bias.
Full Story
Open on ProPakistani## Partnership Announcement
easypaisa digital bank and KTrade announced a pioneering collaboration aimed at simplifying stock market participation for millions of Pakistanis. The agreement was unveiled in Islamabad with senior officials from the Securities and Exchange Commission of Pakistan (SECP), the National Clearing Company of Pakistan Limited (NCCPL), and the Central Depository Company (CDC) in attendance.
## Digital On‑boarding Process
Through the easypaisa mobile application, users can now create a KTrade brokerage account linked to the Pakistan Stock Exchange (PSX) in less than ten minutes. The fully digital workflow eliminates the traditional paperwork and manual verification steps that have previously limited retail entry into the capital markets.
## Immediate Market Impact
The joint initiative recorded the highest single‑day volume of new investment accounts in PSX history, establishing a new benchmark for digital wealth creation in the country. Both companies highlighted the role of the partnership in advancing financial inclusion and expanding the investor base.
## Statements from Leaders
Jahanzeb Khan, President & CEO of easypaisa, emphasized the bank’s mission to broaden access to financial opportunities and thanked regulators for supporting the digitisation of brokerage onboarding. Mahmood Ali Shah Bukhari, CEO of KTrade, described the collaboration as a step toward making investing more accessible and fostering a stronger investment culture.
## Regulatory Support
Representatives from NCCPL and CDC underscored the importance of digital innovation for expanding investor participation and strengthening Pakistan’s financial ecosystem. The partnership aligns with national objectives to boost retail participation in the capital markets and promote inclusive economic growth.
## Outlook
With over 60 million registered users, easypaisa is positioned to channel a large, previously underserved segment of the population into the formal investment arena, potentially increasing trading volumes and liquidity on the PSX.