Fasset, an American-founded digital banking and investment platform, announced its plans to enter the Pakistani market through a strategic partnership with Habib Rafiq Limited (HRL) at a high-profile event in Islamabad, signaling a major shift in how global capital interacts with Pakistani assets.
The gathering drew an influential crowd of senior government officials, business leaders, and digital economy stakeholders. Shaza Fatima Khawaja, Federal Minister for IT & Telecommunication, attended as a Chief Guest, along with Jahanzaib Zahid, Vice Chairman, HRL Group, Raafi Hossain, CEO and Co-Founder of Fasset, senior government officials, business leaders, international organizations, embassy representatives, celebrities, and key influencers from across Pakistan.
Unlocking the “Hidden” Trillions
The partnership aims to bridge the gap between global investors and Pakistan’s massive untapped asset pool. Key initiatives of the collaboration include:
- Asset Tokenization: Creating digital pathways to invest in Pakistan’s $1.5 trillion real estate and domestic asset market.
- Empowering the Gig Economy: Providing real-time, low-friction payout solutions for Pakistan’s freelancers – the world’s 4th largest freelance workforce.
- Foreign Direct Investment (FDI): Streamlining the flow of global capital into local projects through transparent, blockchain-enabled infrastructure.
Speaking at the event, Mohammad Raafi Hossain, CEO and Co-Founder of Fasset, said: “Our mission is to enable 100 million people globally to own their wealth. Pakistan represents one of the most dynamic and high-potential markets, and this partnership with Habib Rafiq Limited will help connect global capital with Pakistani opportunity, ensuring that Pakistan’s digital workforce and domestic assets are accessible to the world.”
Jahanzaib Zahid, Vice Chairman, HRL Group, added: “This collaboration opens new doors for overseas Pakistanis and global investors alike. By combining HRL’s deep-rooted physical infrastructure with Fasset’s digital expertise, we are building a transparent, accessible future for Pakistani investments..”
Speaking at the event, Shaza Fatima Khawaja, Federal Minister for IT & Telecommunication, said: “Pakistan’s digital economy is at a defining moment, powered by a young, skilled, and globally competitive workforce. As our freelancers and tech professionals continue to earn and export at scale, it is essential to build financial infrastructure that enables them to securely receive, manage, and reinvest their income. Partnerships like this highlight the role of innovation and international collaboration in expanding financial inclusion, attracting investment, and strengthening Pakistan’s position in the global digital economy.”