About U Microfinance Bank
U Microfinance Bank is a company based in Islamabad (Pakistan) founded in 2008.. U Microfinance Bank has raised $9.01 million across 1 funding round. U Microfinance Bank offers products and services including UPaisa, Microfinance Loans, and Deposit Accounts. U Microfinance Bank operates in a competitive market with competitors including Gojo, FINCA Microfinance Bank, Telenor Microfinance Bank, Khushhali Microfinance Bank and Kashf, among others.
- Headquarter Islamabad, Pakistan
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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 U Microfinance Bank Limited
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$9.01 M (USD)
in 1 rounds
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Latest Funding Round
$9.01 M (USD), Series A
Jan 12, 2018
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Investors
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Employee Count
Employee Count
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Products & Services of U Microfinance Bank
U Microfinance Bank offers a comprehensive portfolio of products and services, including UPaisa, Microfinance Loans, and Deposit Accounts. 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.
Mobile platform for financial transactions and payments in Pakistan.
Loans for small businesses and individuals to support economic growth.
Accounts offering secure savings options for customers.
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Software Development Team
3 people
Operations Team
2 people
Leadership Team
1 people
Assistant Team
1 people
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Funding Insights of U Microfinance Bank
U Microfinance Bank has successfully raised a total of $9.01M through 1 strategic funding round. The most recent funding activity was a Series A round of $9.01 million completed in January 2018. 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 Total Funding
- Total Rounds 1
- Last Round Series A — $9.0M
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First Round
First Round
(12 Jan 2018)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2018 | Amount | Series A - U Microfinance Bank | Valuation |
investors |
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| 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 |
Investments & Acquisitions by U 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 - U 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 |
U Microfinance Bank Comparisons
Competitors of U Microfinance Bank
U 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, FINCA 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.
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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 |
Microfinance services are extended to underserved communities 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 U Microfinance Bank
Frequently Asked Questions about U Microfinance Bank
When was U Microfinance Bank founded?
U Microfinance Bank was founded in 2008 and raised its 1st funding round 10 years after it was founded.
Where is U Microfinance Bank located?
U Microfinance Bank is headquartered in Islamabad, Pakistan.
Who is the current CEO of U Microfinance Bank?
Kabeer Naqvi is the current CEO of U Microfinance Bank.
Is U Microfinance Bank a funded company?
U Microfinance Bank is a funded company, having raised a total of $9.01M across 1 funding round to date. The company's 1st funding round was a Series A of $9.01M, raised on Jan 12, 2018.
What does U Microfinance Bank do?
U Microfinance Bank was founded in 2008 in Islamabad, Pakistan, within the microfinance sector. Small-scale loans, savings products, and basic banking services are extended to low-income individuals and rural areas across the country. Operations emphasize financial inclusion for unbanked populations, with oversight from CEO Kabeer Naqvi. The banks domain, ubank.com.pk, supports digital access to these services in the region.
Who are the top competitors of U Microfinance Bank?
U Microfinance Bank's top competitors include Gojo, FINCA Microfinance Bank and Khushhali Microfinance Bank.
What products or services does U Microfinance Bank offer?
U Microfinance Bank offers UPaisa, Microfinance Loans, and Deposit Accounts.