About Telenor Microfinance Bank
Telenor Microfinance Bank is a Financial Services company based in Karachi (Pakistan) founded in 2005. Microfinance banking services are provided in Pakistan. Telenor Microfinance Bank has raised $245 million across 4 funding rounds from investors including Ant Group. Its website telenorbank.pk draws about 76 thousand monthly visits. Its focus areas include Banks, Special Purpose Banks and Microfinance Banks. Its competitors include U Microfinance Bank, FINCA Microfinance Bank and Khushhali Microfinance Bank; 1 of its 3 listed competitors has raised funding.
Company details
Telenor Microfinance Bank was established in 2005 and is headquartered in Karachi, Pakistan. Operations are focused on the microfinance sector, where financial inclusion is supported through banking products tailored for underserved communities. Services such as microloans, savings accounts, and digital payment solutions are offered across the country. The bank functions under regulatory oversight in Pakistans financial landscape, emphasizing accessible credit and deposit mechanisms for low-income segments.
- Headquarters Karachi, Pakistan
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website telenorbank.pk
- Social LinkedIn X Facebook
- Total Equity Funding$245M (USD)
in 4 rounds
- Latest Funding Round$15M (USD), Series D
Nov 2022
- Investors
Funding Insights of Telenor Microfinance Bank
Telenor Microfinance Bank has successfully raised a total of $245M across 4 strategic funding rounds. The most recent funding activity was a Series D round of $15 million completed in November 2022. 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 $245M
- Total Rounds 4
- Last Round Series D — $15M
- First Round $115M
(Mar 2018)
- Investors Count 1
All 4 funding rounds of Telenor Microfinance Bank with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
1 investors in total: 1 institutional.
Investors in Telenor Microfinance Bank
Telenor Microfinance Bank has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Ant Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Payment processing solution for consumers, small and micro businesses | 2004 | antgroup.com | Hangzhou, China |
Investor details for Telenor Microfinance Bank
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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People of Telenor Microfinance Bank
22 people are tracked at Telenor Microfinance Bank (17 in leadership, 5 in team).
| Name | Role | Group |
|---|---|---|
Jahanzeb Khan | President/CEO | Leadership |
Muhammad Asim Farooq | Director - Head Of Digital Payments | Leadership |
Saqib Mushtaq | Executive Director / Head Of Product Engineering | Leadership |
Ayaz Malik | Head Of Digital Solutions Productive Lending | Leadership |
Shahzad Khan | CXO | Group Exec Director |corporate Business, Channels & Digital Productive Lending (easy Paisa) | Leadership |
Mohammad Hasan Ayaz | Chief Technology Officer | Leadership |
Umair Aziz | Head Of Compliance Governance, Compliance Group | Leadership |
Faizan Faizi | Unit Head Customer Experience (cx Operations) | Leadership |
Zaid Shahid | Executive Director – Head Of Channel Planning & Growth | Leadership |
Syed Farhan Ali | Executive Director / Head Of Easypaisa Operations | Leadership |
Adeel M. | Head Of Corporate Salary Disbursement - Easypaisa | Leadership |
Amna Abbas | Chief Legal Officer & Company Secretary | Leadership |
Raja Adeel Ahmed | Director - Head Of Frontend Development | Leadership |
Amin Sukhiani | Chief Financial Officer | Leadership |
Sanaea Mistri | Executive Assistant To Chief Executive Officer/ President | Leadership |
Nadeem Ashfaq | Head Of Technology Infrastructure & Cloud | Leadership |
Wasif Ali | Director - Products (digital Lending) | Leadership |
Mahwish Ahmed | Unit Lead Governance And Vendor Management | Team |
Ali Imran | Executive Manager Product Engineering | Team |
Bilal Bhutta | Inhouse Legal Counsel | Team |
2 more people are available in the full profile.
Complete people profiles for Telenor Microfinance Bank
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Verified entity values are shown only after access is granted.
Timeline of Telenor Microfinance Bank
3 dated milestones of Telenor Microfinance Bank across 17 years, from founding to its latest funding, stage changes and deals.
- Founded Telenor Microfinance Bank is founded.
- Funding First funding round of $115.0M.
- Funding Latest funding round, Series D, of $15.0M.
Competitors of Telenor Microfinance Bank
Telenor Microfinance Bank has 3 listed competitors in our database, 1 of them funded. They include U Microfinance Bank, FINCA Microfinance Bank and Khushhali 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. | |||
| khushhalibank.com.pk | 2000 | Islamabad, Pakistan | Microfinance services are extended to underserved communities in Pakistan. |
Detailed competitors of Telenor Microfinance Bank
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Telenor Microfinance Bank
The website of Telenor Microfinance Bank (telenorbank.pk) receives about 76.5K visits a month.
- Monthly visits76.5K
▲ 41.2% vs previous month
Websites whose visitors overlap most with Telenor Microfinance Bank. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| telenor.com.pk | 100% | 185K | #204,379 | View details | |
| easypaisa.com.pk | 94% | 367K | #95,715 | View details | |
| google.com | 74% | 85.8B | #1 | View details | |
foodpanda.pk | foodpanda.pk | 69% | #22,051 | – | |
| bankislami.com.pk | 59% | 92.8K | #389,349 | View details |
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Related news about Telenor Microfinance Bank
Complete news archive for Telenor Microfinance Bank
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Frequently Asked Questions about Telenor Microfinance Bank
Telenor Microfinance Bank was founded in 2005 and raised its 1st funding round 13 years after it was founded.
Telenor Microfinance Bank is headquartered in Karachi, Pakistan. It is registered at Karachi, Sindh, Pakistan.
Telenor Microfinance Bank is a funded company, having raised a total of $245M across 4 funding rounds to date. The company's 1st funding round was a Series D of $115M, raised on Mar 2018.
Telenor Microfinance Bank was established in 2005 and is headquartered in Karachi, Pakistan. Operations are focused on the microfinance sector, where financial inclusion is supported through banking products tailored for underserved communities. Services such as microloans, savings accounts, and digital payment solutions are offered across the country. The bank functions under regulatory oversight in Pakistans financial landscape, emphasizing accessible credit and deposit mechanisms for low-income segments.
Telenor Microfinance Bank's top competitors include U Microfinance Bank, FINCA Microfinance Bank and Khushhali Microfinance Bank.
Telenor Microfinance Bank has 1 investor. Key investors include Ant Group.