After two years of development in stealth mode, Mahaana Wealth has officially launched Pakistan’s first end-to-end digital retirement platform, marking a major step in the modernization of the country’s pension and savings landscape. The company aims to bring a Swedish-style occupational pension system to Pakistan, enabling individuals to plan and invest for retirement through a completely digital, paperless process. This launch reflects the company’s vision of building inclusive financial infrastructure that promotes long-term savings and empowers Pakistan’s working population to secure their financial futures.
The development journey of Mahaana Wealth involved close collaboration with several key stakeholders in Pakistan’s financial ecosystem. The company partnered with the Securities and Exchange Commission of Pakistan (SECP) to help draft digital onboarding regulations through the SECP Digital Asset Management Company (AMC) sandbox. It also built its technology infrastructure with the Central Depository Company of Pakistan Limited, which serves as its trustee and custodian. Additionally, Mahaana tested automated payment integrations with State Bank of Pakistan’s RAAST system to ensure seamless digital transactions. These partnerships resulted in the creation of Pakistan’s first 100% paperless retirement investing experience, offering a transparent, efficient, and accessible platform for users across the country.
The launch was made possible with the support of several strategic backers and mentors who believed in Mahaana’s mission during its early conceptual stage. Among them, Dave Nangle of VEF was the first to invest in the idea when it was still in its infancy, providing confidence and early validation to the founding team. Industry leaders Hyder Ali from Packages Group and Mattias Martinsson from Tundra Fonder AB also played a crucial role in shaping the project’s direction. Global accelerators and venture partners, including Y Combinator, William Chu, and Sameer Chishty from SparkLabs Group, provided technical guidance and resources that helped the company navigate the complexities of building a regulated digital finance product in Pakistan. Mahaana Wealth has also credited SECP, the Central Depository Company, State Bank of Pakistan, and the Ministry of IT and Telecommunication for their regulatory cooperation and support in creating an enabling environment for innovation.
Despite the milestone launch, Mahaana Wealth acknowledges that the larger challenge now lies ahead—building public trust and awareness in digital retirement solutions. Pakistan currently has only around 50,000 individual retirement accounts for a working population exceeding 80 million. This highlights the need for widespread financial education and behavioral change among both employers and employees. Mahaana Wealth’s founders believe that no single company can solve this challenge alone. Instead, it will require collaboration across an ecosystem of digital-first financial players, progressive corporations, and forward-thinking regulators.
With its technological infrastructure now in place, Mahaana Wealth is entering the next phase of its mission—encouraging the adoption of retirement planning as a key financial priority in Pakistan. The company aims to bridge the gap between modern fintech innovation and long-term financial security, using technology to simplify access, ensure compliance, and promote savings discipline. As Mahaana transitions from concept to implementation, it represents a significant step toward redefining retirement investing in Pakistan’s digital economy.
Follow the SPIN IDG WhatsApp Channel for updates across the Smart Pakistan Insights Network covering all of Pakistan’s technology ecosystem.
