Relational Partners with Dellsons Associates to Revolutionize Pakistan’s Financial Sector

Relational Partners with Dellsons Associates to Revolutionize Pakistan’s Financial Sector

Relational, a European-based leader in business software solutions, has set its sights on Pakistan as its next major market. In a landmark move, the global software provider has partnered with Dellsons Associates to bring cutting-edge financial technology solutions to the nation’s rapidly evolving financial sector.

Key Highlights of the Partnership

• Advanced Software Solutions: Relational aims to introduce its innovative fintech products to Pakistan’s financial institutions, targeting commercial banks, microfinance banks, and other financial entities.
• Local Expertise: Dellsons Associates, with its extensive network and understanding of the Pakistani market, will play a pivotal role in adapting and implementing Relational’s solutions.

Driving Growth in an Emerging Economy

Relational’s President and CEO, John Papaevgeniou, emphasized the potential of this collaboration:
“Pakistan is an emerging economy with an evolving financial sector. Dellsons’ deep knowledge of the market and commitment to innovation align perfectly with our mission to deliver state-of-the-art business software solutions globally. Together, we look forward to empowering businesses in Pakistan with the advanced technology they need to thrive.”

Why This Matters

The partnership comes at a time when Pakistan’s financial sector is experiencing significant growth, boasting:

• 33 commercial banks
• 12 microfinance banks
• 40+ fintech operators

Foreign direct investment in the country is also showing modest growth, with $17 million recorded during July to October in the current financial year, up from $14 million in the same period last year, according to the State Bank of Pakistan (SBP).

The Road Ahead

Chairman Dellsons Group, Ibrahim Amin, expressed excitement about the collaboration:
“Partnering with Relational allows us to bring world-class fintech solutions to the Pakistani market, advancing the local economy through technology-driven solutions. This collaboration will pave the way for both companies to achieve shared success.”

With this strategic alliance, Pakistan’s financial sector is poised to enter a new era of innovation and technological advancement, making it an exciting time for businesses and consumers alike.