Karachi, July, 2025 — Codebase Technologies, a global leader in digital banking solutions, announced a strategic partnership with BenchMatrix, a global leader in providing advisory services and automated technology solutions for Governance, Risk & Compliance (GRC), Anti-Money Laundering (AML), Loan Origination, and Digital Banking, among other areas.. The announcement was made during the Pakistan Fintech Forum 3 in Karachi, with senior leadership from both companies present to mark the occasion.
Today’s global digital landscape sets a powerful stage for transformative banking solutions: nearly 68 % of the world’s population is online, and over 70 % carry mobile devices, opening the door to universal financial connectivity. Even more compelling, 60% of millennials, 57% of Generation Z and 52% of Generation X primarily use mobile banking apps, signaling a clear and accelerating shift toward mobile-first, digitally-native financial services.
“At a time when financial institutions globally are embracing digital financial innovation at unprecedented speed, this partnership is both timely and strategic,” said Raheel Iqbal, Managing Partner at Codebase Technologies. “Together with BenchMatrix, we are empowering banks and fintechs worldwide to meet the expectations of a digital-first consumer base, expand financial access, and deliver seamless, secure, and future-ready digital experiences.”
By aligning their expertise, Codebase Technologies and BenchMatrix aim to further enrich the Digibanc platform and equip financial institutions across diverse markets with the capabilities they need to thrive in an increasingly competitive and fast-evolving environment. The partnership promises to accelerate digital transformation worldwide, helping financial institutions enhance agility, meet evolving regulatory demands, and deliver modern, customer-centric digital banking services.
“This collaboration represents an important milestone for the financial services sector globally,” said Taimur Kaleem, CEO of BenchMatrix. “By bringing together our expertise with Codebase Technologies’ industry-leading Digibanc platform, we are enabling financial institutions to navigate complexity, drive innovation, and deliver services that improve lives and expand access across markets.”
The partnership reflects a shared vision: to drive global digital innovation that powers financial inclusion, strengthens institutional resilience, and supports economic growth as the financial industry embraces its digital future.
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Raheel Iqbal, Managing Partner
Experienced Board Member with a demonstrated history of working in the financial services industry. Skilled in Business Planning, Management, Employee Training, Financial Accounting, and Product Development.
