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SBP concludes first Regulatory Sandbox cohort, four fintechs clear testing
The State Bank of Pakistan (SBP) has concluded the first cohort of its Regulatory Sandbox, launched in August 2025 under SBP Vision 2028. “The first cohort focused on three themes: technology-enabled solutions for inward remittances, open banking, and remote onboarding of merchants,” said SBP in a statement on Tuesday. The central bank said that six participants were shortlisted and invited to test their solutions in the sandbox from January to June 2026. “Throughout the cohort, SBP teams provided necessary support and regulatory guidance to the participants,” it said. According to SBP, four ...
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