Asad Salahuddin

Practice Areas

The Founding & Managing Partner at Lex Legal Practice, Mr. Asad Salahuddin is one of the leading information technology lawyers of the country and is playing a prominent role in the digitization of financial payments in Pakistan.

Mr. Salahuddin advises on matters relating to Digital Banking, Electronic Money Institutions, Payment System Operators, Payment Service Providers, Non-Banking Finance Companies, Third Party Service Providers, and Branchless Banking Super Agency licenses and approvals. In the absence of adequate legislation and jurisprudence on matters involving informational technology law in Pakistan, the transaction structure adopted by Mr. Salahuddin serves as a precedent across the board, for a variety of information technology transactions and business arrangements. The key regulators of Pakistan, such as the State Bank, Securities and Exchange Commission and Ministry of Information Technology regularly seek counsel from Mr. Salahuddin.

He has played a key role in modernizing digital payments and mobile banking in Pakistan, e-money transactions, integration of payment gateways, setting up of online marketplace platforms and launch of banking & digital lending applications. In addition to Information Technology Law, Mr. Salahuddin specializes in Real Estate & Infrastructure, and Mergers & Acquisitions.

Personal

NOTABLE ADVISORY ROLES

 Currently serving as an advisor to the Prime Minister’s committee on Ease of Doing Business (EoDB) in Pakistan.

 Mr. Salahuddin has also served as an advisor to the Ministry of Planning Development & Special Initiatives (Pakistan), for its program on economic empowerment of Pakistan’s youth.

 Assisted the United States Agency for International Development (USAID) with its assessment on "Rapid Landscaping of Artificial Intelligence in Agriculture in Pakistan".

 Served as a member of the standing committee on liaison with the Small and Medium Enterprises Development Authority (SMEDA) and the Securities and Exchange Commission of Pakistan (SECP).

PRESTIGIOUS RANKINGS

 Ranked as a "Leading Lawyer" in Telecommunications, Media & Technology (TMT) for Asia Pacific 2022 by The Legal 500.

 Ranked as a "Leading Lawyer" in Telecommunications, Media & Technology (TMT) for Asia Pacific 2023 by The Legal 500.

 Ranked as a "Leading Individual" in Band 1 for FinTech Legal - Pakistan 2023 by Chambers & Partners.

 Ranked as a "Leading Individual" in Band 1 for FinTech Legal - Pakistan 2024 by Chambers & Partners.

 Ranked as a "Leading Lawyer" in Telecommunications, Media & Technology (TMT) for Asia Pacific 2024 by The Legal 500.

 Ranked as a "Leading Individual" in Band 1 for FinTech Legal - Pakistan 2025 by Chambers & Partners.

 Ranked as a "Leading Partner" in Telecommunications, Media & Technology (TMT) for Asia Pacific 2025 by The Legal 500.

 Ranked as a "Leading Individual" in Band 1 for FinTech Legal - Pakistan 2026 by Chambers & Partners.

Clients

1 Bybit (VASP)

2 Abhi Fintech Ltd

3 Redotpay (VASP)

4 Yango

5 Uzma Ventures Private Limited

6 Edufi Private Limited

7 Seedcred Financial Services Limited

8 Ping Pong

9 Finja Private Limited

10 Bykea Technologies Private Limited

11 Cashew Financial Services Limited (Muawin)

12 Nymcard Payments Limited

13 Prex Limited

14 Revest Private Limited

15 Taro Technologies Private Limited

16 Adal Financial Pte Ltd.

17 Finja Lending Services Limited

18 MCB Bank Limited (Digital Banking)

19 Opay Pte ltd

20 Nym Technologies Holding Limited

21 Techlogix Pakistan Private Limited

22 Xisys Consulting Private Limited

23 Opay Digital Payment Private Limited

24 Finja Inc. (Delaware Corp)

25 HengShan Investment Limited

26 Deem Ventures Limited

27 Trukkr Private Limited

28 MDS Foods Private Limited

29 Edufi Pte Ltd (Singapore)

30 Soneri Bank (Digital Banking)

31 Plutopay (VASP)

23 Zarea