FINCA Microfinance Bank

Lahore, Pakistan Founded: 2008 • Age: 18 yrs Acquired By TPL Corp
Microfinance services are extended to low-income clients in Pakistan.

About FINCA Microfinance Bank

FINCA Microfinance Bank is a company based in Lahore (Pakistan) founded in 2008 was acquired by TPL Corp in November 2024.. FINCA Microfinance Bank offers products and services including Deposits, Loans, and ABHI Pay. FINCA Microfinance Bank operates in a competitive market with competitors including Gojo, U Microfinance Bank, Telenor Microfinance Bank, Khushhali Microfinance Bank and Kashf, among others.

  • Headquarter Lahore, Pakistan
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Abhi Microfinance Bank Limited
Operational Areas
Financial Services → Banking & Financial Institutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    Abhi

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    TPL Corp

    (Nov 12, 2024)

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Products & Services of FINCA Microfinance Bank

FINCA Microfinance Bank offers a comprehensive portfolio of products and services, including Deposits, Loans, and ABHI Pay. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Saving products with competitive interest rates for individuals

Loans designed for micro and small enterprises in Pakistan

Digital platform for faster and safer banking transactions

People of FINCA Microfinance Bank
Headcount 1000-5000
Employee Profiles 38
Employee Profiles
People
Usman Saeed
Senior Manager Employee Relations HR
People
Syeda Noshina Bukhari
Head Of Operations & Digital Transformation
People
Kalsoom Tanveer
Deputy Manager
People
Noor Hussain
Branch Manager (avp)

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Funding Insights of FINCA Microfinance Bank

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in FINCA Microfinance Bank

FINCA Microfinance Bank has secured backing from 2 investors. Prominent investors backing the company include Abhi and TPL Corp. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Abhi is recognized as a fintech company offering financial empowerment solutions.
Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by FINCA Microfinance Bank

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - FINCA Microfinance Bank

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Finca Microfinance Bank Comparisons

Employees
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Competitors of FINCA Microfinance Bank

FINCA Microfinance Bank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Gojo, U Microfinance Bank, Telenor Microfinance Bank, Khushhali Microfinance Bank and Kashf, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Microcredit is extended to individuals and businesses in need.
domain founded_year HQ Location
Microfinance services are provided to underserved communities in Pakistan.
domain founded_year HQ Location
Microfinance banking services are provided in Pakistan.
domain founded_year HQ Location
Microfinance services are extended to underserved communities in Pakistan.
domain founded_year HQ Location
Microcredit is extended to low-income individuals and entrepreneurs.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Finca Microfinance Bank

Frequently Asked Questions about FINCA Microfinance Bank

When was FINCA Microfinance Bank founded?

FINCA Microfinance Bank was founded in 2008.

Where is FINCA Microfinance Bank located?

FINCA Microfinance Bank is headquartered in Lahore, Pakistan. It is registered at Lahore, Punjab, Pakistan.

What does FINCA Microfinance Bank do?

FINCA Microfinance Bank was established in 2008 in Lahore, Pakistan, as a key player in the microfinance sector. Financial services, including loans, savings accounts, and insurance products, are provided to underserved individuals and small businesses. Operations are centered in Pakistan, with a focus on rural and urban areas to promote financial inclusion. The banks domain, finca.pk, supports digital access to these services.

Who are the top competitors of FINCA Microfinance Bank?

FINCA Microfinance Bank's top competitors include Gojo, U Microfinance Bank and Khushhali Microfinance Bank.

What products or services does FINCA Microfinance Bank offer?

FINCA Microfinance Bank offers Deposits, Loans, and ABHI Pay.

Who are FINCA Microfinance Bank's investors?

FINCA Microfinance Bank has 2 investors. Key investors include Abhi, and TPL Corp.

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