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.

Insights by Hydab Kytab

In this time of crisis, leaders like you are taking the necessary actions to get your business through uncertain times. HK gathers insights on consumer spending, budgeting and saving behaviour to help you not only respond to this crisis, but recover and thrive.

We want to help businesses in reimagining the endless possibilities with relevant data insights.

 

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A FinTech that provides white-labelled Financial Management solutions to banks to enhance the banking experience.

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Getting Started

Starting your financial journey is super simple!

To keep track of your spending, you first need to set up an account to spend from!

Press the + button on the first card on your dashboard. Select an account type and add how much you have in this account. You’re all set to track your spending!

Track your spending through the + button at the bottom of the screen. Select whether this is something you’re spending (an expense) or something you’re receiving (an income), or even if this is a loan you’ve taken or given to someone.

Add in the amount, category, and account you’re spending from – and you’re all set to record your transaction! Want to add more details so you can recall the transaction better? No, problem! You can add in a description, labels, link a receipt from your storage, and even connect it to an event happening in your life.

Take this to the next level and add a budget to decide what you can spend this month. Scroll to the bottom of the dashboard and press Create next to Your Budgets. Select a category and an amount you don’t want to cross; this will create a monthly repeating budget for you.