Back to all blogs

Neem and Padelverse partner to enable digital payments in the sports space

Umayr Khan

Leading Marketing & Brand

Padel tennis is the fastest-growing sport in the world, with over 30 million players. The sport has become very popular in Pakistan, with numerous outdoor clubs coming up recently. Padelverse has entered this space, establishing the first and largest indoor padel club in Karachi, with a landmark facility filled with state-of-the-art technology. The facility has 7 international standard courts, popular cafes and pro shops, as well as a full list of amenities.   

Neem, Pakistan's leading embedded finance platform, has partnered with Padelverse to deliver seamless digital payments for court bookings and tournament operations. This collaboration eliminates the need for traditional cash payments or manual bank transfers, enabling players to easily book courts and tournaments and pay digitally. 

As part of the broader collaboration, Neem and Padelverse are exploring introducing a tailored wallet system within the Padelverse ecosystem to enable rewards and incentives for its more loyal user base.

Digital payments are transforming the sports industry by removing friction in facility bookings, tournament registrations, and membership management. For growing sports like Padel, this digitisation is crucial – it enables facilities to scale operations, provide instant booking confirmations, and gather valuable data on court utilisation and player preferences. With Neem’s easy-to-integrate payment solutions, Padelverse now offers an embedded payment experience on its website. Users can now book Padel courts online and pay using their debit or credit cards eliminating the need to make manual bank transfers or personally visit the venue for bookings.

"Neem is at the cutting edge of financial payments, Padelverse is at the cutting edge of Sports entertainment - this feels like a natural match, one that will reap benefits to our club and help our customers spend less time on payments and more time on the court," said Jaffar Hashim, co-founder of Padelverse.

The integration of Neem's payment solutions supports both daily operations and Padelverse's vision of hosting high-profile tournaments. Through the Neem business portal, the Padelverse team gains access to comprehensive transaction data, usage patterns, and revenue insights—empowering them to make data-driven decisions and enhance operational efficiency. By simplifying payment collections and financial operations, Neem enables Padelverse to focus on what truly matters: building a vibrant Padel community and delivering world-class experiences to players and enthusiasts alike. As an extension of the current partnership, Padelverse is also exploring the implementation of the Wallet System to enable rewards and incentives for its more loyal user base.

“We are thrilled to support Padelverse and its co-founders, Safinah and Jaffar,  in its journey to revolutionise the sports ecosystem in Pakistan,” said Vladimira Briestenska, co-founder of Neem. “By embedding our payment solutions, we’re not just simplifying transactions but also enabling Padelverse to scale its operations and bring more players into the world of Padel. Together, we’re building a vibrant sports culture in Pakistan.”

This partnership between Neem and Padelverse sets a new standard for payment innovation in Pakistan's sports sector. As Padel continues to gain momentum, modern payment solutions will play a crucial role in accelerating its growth. This partnership will encourage other sports facilities in Pakistan to embrace financial technology, ultimately creating a more accessible and professional sporting ecosystem across Pakistan.

🤙 Book a demo today to build a simplified payment experience for your business: https://www.neem.io/partner-with-neem

About Neem

Neem is Pakistan’s leading embedded finance platform, providing financial infrastructure to simplify money movement for businesses. Neem empowers businesses to optimise their payments, grow revenues and accelerate their growth. Founded by serial entrepreneurs and supported by global investors, Neem is creating an impact within Pakistan’s financial wellness ecosystem.

About Padelverse

Padelverse is Karachi’s first and largest indoor Padel Club, providing world-class facilities, and giving a platform to local players to compete on the global stage. At the cutting edge of sports entertainment, Padelverse is bringing AI technologies into sports, gamifying the overall experience and merging fun with fitness. Founded by seasoned entrepreneurs with decades of experience in corporate strategy, marketing and fast-paced business growth, Padelverse promises to be a landmark facility in Pakistan, promising to grow the sport in the country.

FROM THE BLOG

Discover latest news and insights from the Neem world of embedded finance

Neem and Edkasa partner to bring embedded payments to the education space

January 9, 2025

Partnership updates

Neem and Edkasa partner to bring embedded payments to the education space

Partnering with Edkasa, a growing EdTech enabling them to collect International payments and optimise money movement.

Neem Paymenow and HARMONY - The HCM Platform join forces to enable the financial wellness of Pakistan’s salaried workforce

December 23, 2024

Partnership updates

Neem Paymenow and HARMONY - The HCM Platform join forces to enable the financial wellness of Pakistan’s salaried workforce

Neem Paymenow partner with Pakistan’s fastest-growing HCM platform by Sofcom, to enhance employees’ financial wellness in Pakistan.

Neem and Bakhabar Kissan empower farmers through embedded finance

December 19, 2024

Partnership updates

Neem and Bakhabar Kissan empower farmers through embedded finance

Partnering with Pakistan's leading AgriTech platform to optimise fund movement within it’s ecosystem & enable financial wellness of farmers.

Discover latest news and insights from the Neem world of embedded finance