Hysab Kytab reaches half a million users on its platform


KARACHI: A digital solutions provider, Hysab Kytab is proud to announce that it has reached half a million users on its platform in 160+ countries. This achievement demonstrates Hysab Kytab’s continued commitment towards providing users an easy means of tracking their finances.

Veqar Islam, Founder, Hysab Kytab talking about this milestone said: “Hysab Kytab is a growing fintech player in the Pakistani market. The Hysab Kytab application which was ideated and developed locally by Pakistanis is now a global product with users from across 160 countries, recording more than 7.5 million transactions in the application.”

Speaking about this achievement Yasir Ilyas,Global Head, Hysab Kytab, said,“Hitting this major milestone is a testament to the value HK brings to the daily life of half a million users, and further fuels our mission to drive financial access, inclusion and literacy worldwide. With the turbulent times we find ourselves in, there has never been a more dire need for people to be able to effectively manage their finances, and boost their savings. We’re blessed to be able to make a such a tremendous impact in our user’s lives and look forward to achieving many more milestones in the near future!”

While a significant number of households were on a monthly budget even before the current economic crisis hit, more people are now beginning to focus on their expenditures and savings as the future still remains uncertain.

The Hysab Kytab application not only focuses on improving the customer experience but the team is also constantly working to tailor the application to suit the needs of the Pakistani market. This has been the need of the hour for a number of years now as the Pakistani economy runs mostly on cash transactions and the Hysab Kytab application helps provide businesses a 360 degree view on spending habits across several customer segments.

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How to set a budget?
To set budget to pfm, tap on budgets then tap on ‘’create new’’ budget button. You can choose category and allocate amount for budget.
How to add a new transaction?
To add new transaction, you can tap on plus button (bottom), select transaction type, add amount, select category, select account, to add detail (optional) you can add description, tags, location, receipt etc. In case of recurring transaction set time interval.
How to filter out past transactions?
Tap on filter icon to filter out / sort transactions by category, amount and transaction type.
How to set saving goal?
To set saving goals with hysabkytab tap on create new option, name your goal, add amount, set target date, add tags (optional), choose icon (optional), tap on create saving goal option.
how does tag work in hysabkytab?
Tags work just like a sub-category in hysabkytab. For example, you added an expense transaction for rs.350, category (transport), account (cash) and you added a tag name (uber). Now you can search through your tag. To search, tap on history, tap on search bar, type your tag name (uber)
How to change personal accounts into income and expense accounts?
New hysabkytab has person account only for lending and borrowing. You can change your previous personal account into income and expense accounts. For that create a new cash account with same name, but don’t enter balance, then make a transaction of transfer (from old account to new account with initial balance).
Why hysab kytab asks for camera access?
Certain features in hysab kytab requires access to your camera/gallery for example if you want to attach receipts with transaction, or you want to post sale alerts, in those scenarios you are required to give access to your camera/ gallery.
Why hysab kytab asks for my location?
When you try using the feature of adding place to your transactions, the app requests your permission to give access to location services. If you allow the app to access these location services, you will be able to see what places you are spending your money at.
How to change a currency format?
You can adjust decimal according to your need, to change currency format, tap on left drawer (top left), tap on setting, tap on currency format (change by scrolling down)
How does reminders work in hysabkytab?
You can set reminder for any type of transaction. To set reminder, tap on left drawer, tap on reminder, tap on add button, set type, title, time, interval, date.
How to change time interval?
To change time interval, tap on money, tap on calendar icon (top right), change interval according to your choice002e
How to set 4-digit passcode?
To add extra layer of security, you can set 4-digit passcode on your hysabkytab app, to set 4-digit code, tap on left drawer, tap on setting, tap on security, set 4-digit pin.
How to create a backup on hysabkytab?
To take backup, tap on left drawer, tap on setting, tap on backup, you can either take backup on your device or google cloud.
After changing phones, how do i transfer my data from one phone to another?
you will have to create a backup on your google cloud from your old phone. If you are logged with the same google account in your new phone, you can restore the data from your google drive. Once restored, all your data will be retrieved automatically.
Cross platform backup
Hysabkytab does not support cross platform backup, you can only restore android backup to another android device only.