Pakistan, May 20 -- Vopy, a portfolio company of Swedish investment firm Front Ventures, has secured a verbal order from a major digital bank in Pakistan to provide a freelance payment service.

"The order comes from one of the major digital banks that Vopy's management team visited in Pakistan, where the client wishes to launch the services as soon as possible," read a press statement issued by Vopy on Monday. The company said its freelance payments service is for payments to freelance consultants, usually in the IT industry, in Pakistan who carry out assignments for companies in Europe and the UK.

"Our customer in Pakistan is keen to launch this service quickly," says Sven Hattenhauer, CEO of Vopy AB.

"They have requested exclusive righ...