Inov8 Limited Achieves PCI DSS 3.1 Certification

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Seen in the picture (from Left to Right Sitting): Mr. Maqsood Shahzad, Inov8 Limited, Mr. Bashir A. Sheikh – Co-Founder and Co-CEO, Inov8 Limited, Dr. Rizwan Ahmad – PCI-QSA, Cianaa Technologies, Mr. Karamat Ali, Inov8 Limited
(from Left to Right Standing): Mr. Farhan Saleem, Inov8 Limited, Mr. Abdul Basit Javed, Inov8 Limited

Inov8 – Official Release 

Lahore, 2nd May 2016: Inov8 Limited, the Region’s fastest growing digital payments company, has achieved the PCI-DSS (Payment Card Industry Data Security Standard) v3.1 certification. The PCI-DSS certification onsite audit by Cianaa Technologies QSA shows that Inov8 adheres to the highest data security standards in the payment card industry, can become a card data holder, and is capable to provide security against breaches and theft of cardholder data.

On achieving this compliance, Inov8 Limited’s Co-Founder and Co-CEO Bashir Sheikh expressed his views by stating, “Acknowledged as one of the fastest growing FinTech companies in the region, our customers’ trust in Inov8 is our most valuable asset.  PCI-DSS compliance certification is one of the key milestones in our journey as a payments company, especially as we position ourselves to launch consumer facing services.”

On this occasion, Cianaa Technologies QSA Dr. Rizwan Ahmad stated, “Inov8 limited is a growing company with dedicated IT infrastructure and security personnel.   They have a global leading solution for the banking industry with an objective to make security its primary focus.  By integrating a best in class risk based methodology along with best practices from the security industry, I acknowledge the company’s effort to sustain security in the long run.  Inov8 is very well prepared for security compliance of any standard.”

About Inov8 Limited

Inov8 Limited is the Region’s fastest growing digital payments company and has grown to become a leading partner to banks and mobile operators, both locally and internationally. The company recently secured Series A Funding of $5.4 million and achieved a valuation in excess of $100 million. Inov8 is the dominant player in the Pakistan market offering next generation products designed to address all facets of the digital financial services and commerce value chains.

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