Telenor Microfinance Bank Secures $10 Million Investment

Telenor Microfinance Bank Secures $10 Million Investment as easypaisa Prepares for Digital Retail Banking Launch

Karachi, Pakistan — Telenor Microfinance Bank (TMB), the operator of Pakistan’s leading digital financial services platform, easypaisa, has received an equity investment of $10 million from its shareholders, Telenor Group and Ant Group. The investment comes as easypaisa gears up to launch its digital retail banking operations, subject to regulatory approvals, marking a major milestone…

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Telenor Microfinance Bank Posts Rs 2.6 Billion Profit

Telenor Microfinance Bank Posts Rs 2.6 Billion Profit Before Tax in H1-2024

Karachi, August 22, 2024 — The Board of Directors of Telenor Microfinance Bank (TMB) has announced the Bank’s financial results for the half year ended June 30, 2024, revealing an extraordinary financial performance that underscores its leadership in Pakistan’s fintech sector. For the first half of 2024 (H1’24), TMB recorded a profit before tax of…

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TMB/easypaisa Partners with Rayn Group

TMB/easypaisa Partners with Rayn Group to Drive Financial Inclusion with AI Innovation

TMB/easypaisa’s ongoing commitment to transforming Pakistan into an advanced and financially inclusive society, TMB/easypaisa is thrilled to announce a strategic collaboration with Rayn Group. This partnership underscores our dedication to leveraging cutting-edge technologies to enhance our services and impact. Together with Rayn Group, TMB/easypaisa will embark on designing and implementing foundational building blocks that integrate…

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