HugoHub deploys its banking platform at Pakistan's HugoBank, its first live regulated bank implementation

HugoBank opened its first pilot customer account on 25 September under a Restricted License from the State Bank of Pakistan, part of the country's first digital banking cohort of five applicants. Singapore-based HugoHub was developed by Atlas Consolidated, which leads the consortium behind HugoBank alongside The Getz Group and Muller & Phipps. The platform integrates core banking, payments, card management and savings tools, with NADRA biometric verification, 1LINK and Raast connectivity, plus Zakat and withholding tax handling. The pilot will test accounts, gamified money pots and debit cards, with commercial launch targeted for early 2027, followed by retail lending and SME products.

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