A collaboration has been forged between JS Bank Ltd. and Ignite. JS Bank will be funding ignite in their Research and Development projects, five startups of National Incubation Centers, and freelancers.
Ignite and JS Bank Ltd will be helping startups, freelancers working under Ignite’s Digiskill.pk program. The banking needs of the freelancers such as remittance accounts and current accounts will be addressed under this agreement. Federal Secretary for IT and Telecom, Dr. Sohail Rajput was the chief guest of the event who appreciated this initiative to help startups and freelancers.
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“This agreement between JS Bank Ltd and Ignite to support startups and talented freelancers and addressing the financial needs and giving them access to necessary facilities will improve the ecosystem,” said Muhammad Sohail Rajput.
“There has been enormous contribution in terms of fundings for startups in Pakistan, about 250% in 2021 and it’s growing each passing day but there are still many startups that need support to grow”, said CEO of Ignite, Asim Shahryar.
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“Keeping Prime Minister’s vision of supporting and enabling the youth of Pakistan, this collaboration will prove to be effective and quite helpful for the young freelancers and startups” he added.
“Freelancers have a key role to play to help in the growth of a country’s economy,” said Noman Azhar, Chief Digital Officer JS Bank while emphasizing the bank’s role in helping startups and freelancers.