About NRSP Microfinance Bank
NRSP Microfinance Bank is a Financial Services company based in Bahawalpur (Pakistan) founded in 2010. Microfinance banking services and Islamic products are offered. NRSP Microfinance Bank has raised $1.9 million across 1 funding round from investors including Acumen. Its website nrspbank.com draws about 28 thousand monthly visits. Its focus areas include Banks, Special Purpose Banks and Microfinance Banks. Its competitors include U Microfinance Bank, FINCA Microfinance Bank and Telenor Microfinance Bank; 2 of its 3 listed competitors have raised funding.
Company details
NRSP Microfinance Bank was founded in 2010 in Bahawalpur, Pakistan, within the financial services sector. Microfinance banking and Sharia-compliant Islamic products are provided to support small-scale borrowers. Loan options, including those for agriculture, micro-enterprises, and small businesses, are extended alongside savings accounts, deposits, and insurance. Operations are managed through a network of credit organizations for disbursement and support, with debit cards issued via international networks.
- Headquarters Bahawalpur, Pakistan
- SectorsFinancial Services
- Website nrspbank.com
- Social LinkedIn Facebook
- Total Equity Funding$1.9M (USD)
in 1 rounds
- Latest Funding Round$1.9M (USD), Series A
Jun 2011
- Investors
Funding Insights of NRSP Microfinance Bank
NRSP Microfinance Bank has successfully raised a total of $1.9M through 1 strategic funding round. The most recent funding activity was a Series A round of $1.9 million completed in June 2011. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $1.9M
- Total Rounds 1
- Last Round Series A — $1.9M
- First Round $1.9M
(Jun 2011)
- Investors Count 1
All 1 funding rounds of NRSP Microfinance Bank with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2011 | $1.9M | Series A | – | – |
1 investors in total: 1 institutional.
Investors in NRSP Microfinance Bank
NRSP Microfinance Bank has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Acumen.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund focused on multiple sectors | 2001 | acumen.org | New York, United States |
Investor details for NRSP Microfinance Bank
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People of NRSP Microfinance Bank
34 people are tracked at NRSP Microfinance Bank (8 in leadership, 10 in board & advisors, 16 in team).
| Name | Role | Group |
|---|---|---|
Muhammad Naeem | Head, Internal Audit | Leadership |
Asif Mahmood | Head, Finance & Company Secretary | Leadership |
Riaz Khan Bangash | President & CEO | Leadership |
Waqas Ashraf | Head, Business | Leadership |
Muhammad Shahbaz Chaudhary | Chief Manager (vp) | Leadership |
Zakir Rasheed | VP Service Quality And Strategic Marketing NRSP Microfinance Bank | Leadership |
Hamid Anwar | Head Compliance & Risk | Leadership |
Muhammad Yousuf Zond | Senior Manager Advances And Regional Business Head (svp) | Leadership |
Shadia Jaffrey | Director | Board & advisors |
Jesse C. Fripp | Director | Board & advisors |
Stephen Rasmussen | Director | Board & advisors |
Naved A. Khan | Director | Board & advisors |
Shoaib Sultan Khan | Director | Board & advisors |
Ayesha Khan | Director | Board & advisors |
Rashid Bajwa | Chairman | Board & advisors |
Fazlullah Qureshi | Director | Board & advisors |
Dr. Ayesha Khan | Member Board Of Directors | Board & advisors |
Jesse F. | Non Executive Director | Board & advisors |
Mujeeb Nizamani | Area Recovery Officer | Team |
Mubashir Nazeer | Manager IS Audit | Team |
14 more people are available in the full profile.
Complete people profiles for NRSP Microfinance Bank
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of NRSP Microfinance Bank
2 dated milestones of NRSP Microfinance Bank across 1 years, from founding to its latest funding, stage changes and deals.
- Founded NRSP Microfinance Bank is founded.
- Funding First funding round of $1.9M.
Competitors of NRSP Microfinance Bank
NRSP Microfinance Bank has 3 listed competitors in our database, 2 of them funded. They include U Microfinance Bank, FINCA Microfinance Bank and Telenor Microfinance Bank.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ubank.com.pk | 2008 | Islamabad, Pakistan | $9.01M | Microfinance services are provided to underserved communities in Pakistan. | ||
| finca.pk | 2008 | Lahore, Pakistan | Microfinance services are extended to low-income clients in Pakistan. | |||
| telenorbank.pk | 2005 | Karachi, Pakistan | $245M | Microfinance banking services are provided in Pakistan. |
Detailed competitors of NRSP Microfinance Bank
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Web traffic of NRSP Microfinance Bank
The website of NRSP Microfinance Bank (nrspbank.com) receives about 27.8K visits a month.
- Monthly visits27.8K
▼ 8.8% vs previous month
Websites whose visitors overlap most with NRSP Microfinance Bank. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
irm.edu.pk | irm.edu.pk | 100% | #11,596,525 | – | |
sindhbank.com.pk | sindhbank.com.pk | 98% | #599,854 | – | |
| khushhalibank.com.pk | 92% | 35.7K | #723,039 | View details | |
| finca.pk | 86% | 3.4K | #6,350,773 | View details | |
| nrsp.org.pk | 70% | 68.5K | #526,867 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 6 similar websites and full traffic analytics for NRSP Microfinance Bank
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- Audience overlap
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Related news about Nrsp Microfinance Bank
Complete news archive for NRSP Microfinance Bank
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Frequently Asked Questions about NRSP Microfinance Bank
NRSP Microfinance Bank was founded in 2010 and raised its 1st funding round 1 year after it was founded.
NRSP Microfinance Bank is headquartered in Bahawalpur, Pakistan. It is registered at Bahawalpur, Punjab, Pakistan.
NRSP Microfinance Bank is a funded company, having raised a total of $1.9M across 1 funding round to date. The company's 1st funding round was a Series A of $1.9M, raised on Jun 2011.
NRSP Microfinance Bank was founded in 2010 in Bahawalpur, Pakistan, within the financial services sector. Microfinance banking and Sharia-compliant Islamic products are provided to support small-scale borrowers. Loan options, including those for agriculture, micro-enterprises, and small businesses, are extended alongside savings accounts, deposits, and insurance. Operations are managed through a network of credit organizations for disbursement and support, with debit cards issued via international networks.
NRSP Microfinance Bank's top competitors include U Microfinance Bank, FINCA Microfinance Bank and Telenor Microfinance Bank.
NRSP Microfinance Bank has 1 investor. Key investors include Acumen.