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KARACHI, September 23, 2026: Innovative Pvt Ltd (IPL) has won the P@SHA ICT Award 2026 in the Business Services – ICT Services Solutions category for its Innomate platform.
Innomate is designed to help banks monitor and manage ATMs and other self-service banking devices.
The company describes Innomate as Pakistan’s first locally developed ATM monitoring and management solution.
The platform allows banks to monitor multi-vendor ATMs, cash recyclers, deposit machines and kiosks through a central dashboard.
Its mobile application provides alerts about potential cash shortages and technical issues.
Banks can also perform remote actions to address problems and reduce the need for manual intervention.
According to IPL, the system can help banks improve ATM uptime and maintain access to financial services.
Naveed Ali Baig, CEO of Innovative Pvt Ltd, said the company developed Innomate specifically for Pakistan’s banking environment.
“For years, the software that watched over Pakistan’s ATMs was written somewhere else,” Baig said.
He said Innomate was developed by local engineers to address the operational needs of Pakistani banks.
The CEO added that the platform gives banks greater control over their ATM networks.
The P@SHA ICT Award marks Innomate’s first national recognition, according to IPL.
It also represents IPL’s fourth consecutive year of recognition at the P@SHA ICT Awards.
The company previously won FinTech category awards from 2023 to 2025.
This year’s award is the first time IPL has received recognition outside the FinTech category.
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IPL said the award comes during a significant year for the company.
Its Founder and Chairman, Amir Wain, received the Tamgha-i-Imtiaz in August 2026.
He was also named Fintech Leader of the Year at Juniper Research’s 2026 Future Digital Awards.
Founded in 1987, Innovative Pvt Ltd provides self-service banking and currency technology in Pakistan.
The company has offices in Karachi, Lahore and Islamabad.
IPL represents Diebold Nixdorf and Giesecke+Devrient in Pakistan and Afghanistan.
It also develops banking software, including iEngage and Innomate.
According to the company, it has installed more than 11,400 devices and serves over 35 bank clients.
IPL said its operations include more than 200 engineers working across more than 1,200 territories.
The company also claims to serve more than half of Pakistan’s ATM market.
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