ISLAMABAD: Pakistani education fintech startup EduFi bagged first place at an international competition held recently during the four-day LEAP 2025 tech conference in Saudi Arabia, Pakistan’s state television said on Thursday, bagging $250,000 as cash prize after beating over 2,000 competitors.
The international tech conference was held from Feb. 9-12 at the Riyadh International Convention and Exhibition Center in Malham. Among the highlights of the conference was the Rocket Fuel Pitch Competition for startups, which provides entrepreneurs with an opportunity to showcase innovative ideas to a global audience of investors and industry leaders.
EduFi streamlines the borrowing process for students, helping them finance their education. It does its own credit-vetting, then pays tuition for approved students who repay the loan on a monthly basis as they study. It won first prize at the Rocket Fuel Pitch Competition last week.
“Aleena Nadeem from Pakistan has won first place and a cash prize of $250,000 at the International Information Technology Exhibition leap held recently in Saudi Arabia,” Pakistan Television (PTV) said in a report.
“This is the First time in the history of the Rocket Fuel Pitch International competitions that Pakistan has achieved this honor,” the state-run media said, adding that EduFi beat 2,000 competitors to win first prize.
EduFi’s founder and CEO Aleena Nadeem received the award at the ceremony held last week in Riyadh. An MIT graduate who interned at McKinsey during college and then worked in London for Goldman Sachs and Ventura Capital, Nadeem has been involved in education issues since she was in high school, as per Forbes.
She was included in Forbes 30 Under 30 Asia list in 2024 for her work with EduFi.
Pakistani startup EduFi wins first prize at LEAP 2025 in Riyadh
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Pakistani startup EduFi wins first prize at LEAP 2025 in Riyadh
- EduFi wins Rocket Fuel Pitch International Competition by beating over 2,000 other companies
- Education fintech streamlines borrowing process for students, helping them finance education
Magnitude 5.6 earthquake jolts parts of Pakistan, no losses reported
- Tremors were felt in Swat, Peshawar and Chitral in Khyber Pakhtunkhwa, as well as in the federal capital Islamabad
- Pakistan Meteorological Department measures quake’s depth at 114 km, identifies Hindu Kush region in Afghanistan as epicenter
ISLAMABAD: A 5.6-magnitude earthquake jolted parts of Pakistan on Wednesday evening, the Pakistan Meteorological Department (PMD) said with no loss of lives or massive damage to property reported.
The tremors were felt in the federal capital, Islamabad, as well as the northwestern cities of Swat, Peshawar and Chitral in Pakistan’s Khyber Pakhtunkhwa province, the PMD said.
“An earthquake recorded on 25-02-2026 at 16:12 PST with a 5.6-magnitude and a depth of 114km,” the PMD said in a statement. “Its epicenter was the Hindu Kush Region Afghanistan.”
Earthquakes are common in Afghanistan, particularly along the Hindu Kush mountain range, where the Eurasian and Indian tectonic plates meet.
In August last year, a shallow 6-magnitude earthquake in eastern Afghanistan flattened mountainside villages and killed more than 2,200 people. Weeks later, a 6.3-magnitude quake in northern Afghanistan killed at least 27.
Powerful tremors struck western Herat in Afghanistan, near the Iranian border, in 2023, and the Nangarhar province in 2022, killing hundreds and destroying thousands of homes.
