SBP Directs TAG Innovations to Refund All Outstanding Funds to its Clients

On Thursday, the State Bank of Pakistan (SBP) advised fintech company, TAG Innovation Pvt. Ltd to refund all outstanding funds to its wallet holders immediately, but no later than August 19, 2022. “This action has been taken after identification of violations of SBP’s regulatory requirements and other concerns during the pilot operations of M/s TAG,” said the […]