Home Press Release RapidCompute Sets up a Separate Unit for its Fintech Base

RapidCompute Sets up a Separate Unit for its Fintech Base


Since its inception, RapidCompute has been fulfilling the cloud needs of local enterprises. The continuous efforts have led to Rapid Compute catering to diverse market segments and providing unique cloud solutions. Moreover, it is safe to say that Rapid Compute has become the number one choice for fintech organizations and banks in Pakistan. The company has also set forth several guidelines in line with the State Bank of Pakistan, SECP, and other regulating bodies which have made the company’s cloud ISO 27001:2013, ISO 27017:2015, ISO 27018:2019, and PCI-DSS 3.2.1 Certified as well as GDR certified.

Rapid Compute has also been involved in hosting several fintech companies on its platform. The company has a dedicated team that caters to the requirements of the segment such as stringent information security controls, regulatory compliance, and high traffic infrastructure optimization.

Shahzaib Khan, Commercial Head RapidCompute, said in a statement,

“The fintech space in Pakistan has never been more exciting than it is right now. We are seeing investments into start-ups working in every realm of the financial ecosystem. Therefore, being the home for Fintechs in Pakistan, we want to assist them in the best way possible.”

The team developed will include leaders from important departments such as Information Security, Infrastructure Engineering, Regulatory Compliance, and Engineering Support which will be used to address critical queries of all fintech customers. Along with this the there will be a complete repository of information and documents which will be developed according to the most frequently asked queries by regulators and auditors from fintech companies.

Imtiaz Ahmed Khan, Chief Technical Officer, RapidCompute, stated on the occasion,

“Being the pioneer of Cloud Computing in Pakistan, Rapid fundamentally provides flexibility and agility. Our stack is developed in a modular approach which gives us an edge to integrate new products like Kubernetes, Dockers, Lambda, and technologies with our existing stack.”

He also added,

“Rapid is also platform agnostic, allowing customers to take advantage of customization. Organizations can select the best features that different cloud platforms offer, depending upon their requirements.”

Rapid Compute will also be using a technology stack along with new features that will be specifically designed to allow fintech startups to scale faster and develop their customer needs. Today, RapidCompute is the largest private and public cloud provider that has served Pakistani enterprises for over a decade now.

Reach out RapidCompute at fintech@rapidcompute.com or info@rapidcompute.com.

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