About Khushhali Microfinance Bank
Khushhali Microfinance Bank is a company based in Islamabad (Pakistan) founded in 2000 by Ghalib Nishtar.. Khushhali Microfinance Bank offers products and services including Loans, Savings, Insurance, Remittances, and Internet and Mobile Banking. Khushhali Microfinance Bank operates in a competitive market with competitors including Gojo, U Microfinance Bank, FINCA Microfinance Bank, Telenor Microfinance Bank and Kashf, among others.
- Headquarter Islamabad, Pakistan
- Founders Ghalib Nishtar
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Sectors
Financial Services
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Email
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Phone
*********
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Website
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Social
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- Legal Name Khushhali Microfinance Bank Limited
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$12.53 M (USD), Grant
Sep 06, 2011
- Investors
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Employee Count
Employee Count
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Products & Services of Khushhali Microfinance Bank
Khushhali Microfinance Bank offers a comprehensive portfolio of products and services, including Loans, Savings, Insurance, Remittances, and Internet and Mobile Banking. 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.
Provides microfinance loans to individuals and small businesses.
Offers savings accounts for secure financial management.
Delivers insurance products for risk protection.
Facilitates money transfers and other remittance services.
Enables online banking for convenient transactions and account access.
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Funding Insights of Khushhali Microfinance Bank
- Total Funding Total Funding
- Total Rounds 4
- Last Round Grant — $12.5M
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First Round
First Round
(30 Sep 2003)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2011 | Amount | Grant - Khushhali Microfinance Bank | Valuation |
investors |
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| Feb, 2010 | Amount | Grant - Khushhali Microfinance Bank | Valuation |
investors |
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| Nov, 2009 | Amount | Grant - Khushhali Microfinance Bank | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Khushhali Microfinance Bank
Khushhali Microfinance Bank has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include USAID. 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.
| Investor | Description | Founded Year | Domain | Location |
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Global poverty and development are addressed through USAID initiatives.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Khushhali Microfinance Bank
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Khushhali Microfinance Bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Khushhali Microfinance Bank Comparisons
Competitors of Khushhali Microfinance Bank
Khushhali 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, FINCA Microfinance Bank, Telenor 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 |
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| domain | founded_year | HQ Location |
Microcredit is extended to individuals and businesses in need.
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| domain | founded_year | HQ Location |
Microfinance services are provided to underserved communities in Pakistan.
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| domain | founded_year | HQ Location |
Microfinance services are extended to low-income clients in Pakistan.
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| domain | founded_year | HQ Location |
Microfinance banking services are provided in Pakistan.
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| domain | founded_year | HQ Location |
Microcredit is extended to low-income individuals and entrepreneurs.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Khushhali Microfinance Bank
Frequently Asked Questions about Khushhali Microfinance Bank
When was Khushhali Microfinance Bank founded?
Khushhali Microfinance Bank was founded in 2000 and raised its 1st funding round 3 years after it was founded.
Where is Khushhali Microfinance Bank located?
Khushhali Microfinance Bank is headquartered in Islamabad, Pakistan.
What does Khushhali Microfinance Bank do?
Khushhali Microfinance Bank was established in 2000 in Islamabad, Pakistan, by Ghalib Nishtar as founder and president. Operations focus on the microfinance sector, where small loans, savings accounts, and financial inclusion services are provided to low-income individuals and micro-entrepreneurs. The bank operates across Pakistan, supporting rural and urban areas with tailored financial products to promote economic empowerment without traditional collateral requirements.
Who are the top competitors of Khushhali Microfinance Bank?
Khushhali Microfinance Bank's top competitors include Gojo, U Microfinance Bank and FINCA Microfinance Bank.
What products or services does Khushhali Microfinance Bank offer?
Khushhali Microfinance Bank offers Loans, Savings, Insurance, Remittances, and Internet and Mobile Banking.
Who are Khushhali Microfinance Bank's investors?
Khushhali Microfinance Bank has 1 investor. Key investors include USAID.