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Allied Bank and LUMS Host 4th Fintech Hackathon

Driving Digital Innovation: Allied Bank and LUMS Host 4th Fintech Hackathon

Categories: News Updates

 

Allied Bank × LUMS
4th Allied Bank Fintech Hackathon

Allied Bank, in collaboration with LUMS, hosted the 4th edition of Fintech Hackathon. The event aimed to empower fintech start-ups, innovators, and students to develop creative financial technology solutions that contribute to Pakistan’s growing digital landscape.

Participants had access to expert mentorship, networking opportunities, and exposure to industry professionals. Participants worked individually and in teams to present their solutions to the esteemed panel of judges.

Early Stage
Participant Category
Growth Stage
Participant Category

Thematic Areas

Digital Onboarding & KYC Simplification
Sustainable & Green Banking
Conversational Banking with AI Chatbots
Super App Transformation
Stablecoin Integration for Digital Payments
RAAST Person-to-Merchant (P2M)

“Our commitment to fintech extends well beyond technology as it is about nurturing and empowering the next generation of innovators and thinkers. Over the past three editions of the Hackathon, we have consistently discovered solutions that exemplify our dedication to fostering a culture of continuous innovation. This year’s Hackathon served as a unique platform for bright minds from across the country to collaborate and present forward looking, practical solutions to the evolving challenges of the banking sector.”

Mr. Aizid Razzaq Gill
Chief Executive Officer, Allied Bank

“We believe fintech stands as one of the most transformative forces shaping today’s economy, driving financial inclusion, enhancing lives, and redefining how individuals and institutions engage with finance. Our partnership with Allied Bank reflects our shared commitment to bridging academia and industry to empower the next generation of innovators and entrepreneurs.”

Mr. Shahid Hussain
Rector, LUMS

About Allied Bank Limited

Allied Bank is one of Pakistan’s leading commercial banks, offering a comprehensive suite of financial products and services to individuals, SMEs, and corporate clients. With a strong focus on innovation, customer-centricity, and digital transformation, Allied Bank remains committed to delivering exceptional banking experiences across all touchpoints.

About LUMS

A not-for-profit university, LUMS is one of South Asia’s top academic institutions known for its commitment to outstanding learning, research intensity, and teaching excellence. It is renowned for its exceptional academics and quality, emphasizing access, relevance, and collaboration, with an increasing focus on tackling the major challenges confronting the Global South.