Tez Financial Services, is Pakistan's first fully digital Non-Bank Microfinance Company (NBMFC). Tez aims to provide frictionless financial access to the unbanked and under-banked population via a smartphone application, driven by powerful algorithms and artificial intelligence.
By aggregating credit, savings, insurance, and investments into a single platform, Tez envisions to reduce the financial vulnerability of the long-tail customer, thereby enhancing financial inclusion.
By aggregating credit, savings, insurance, and investments into a single platform, Tez envisions to reduce the financial vulnerability of the long-tail customer, thereby enhancing financial inclusion.
Location: Russia, Kirov, Karachi
Employees: 11-50
Total raised: $1.1M
Founded date: 2017
Founders name: Humza Hussain
Investors 1
| Date | Name | Website |
| - | Planet N G... | planetngro... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 22.10.2018 | Seed | $1.1M | - |
Persons 10
| Date | First Name | Last Name | Title | Location | |||
| - | Humza | Hussain | Co-Founder | linkedin.c... | - | h*********... | - |
| - | Faisal Mas... | Khan | Head Of En... | linkedin.c... | - | i**o@tezfi... | - |
| - | Shayan | Shaikh | - | linkedin.c... | - | s*********... | - |
| - | Ather Alam | Khan | - | linkedin.c... | - | a********m... | - |
| - | - | - | Compliance... | linkedin.c... | - | a*********... | - |
| - | Kiran | Hammad | Human Reso... | linkedin.c... | - | k*********... | - |
| - | Laiba | Sajid | Customer S... | linkedin.c... | - | l*********... | - |
| - | Naureen | Hyat | - | linkedin.c... | - | n*********... | - |
| - | Uzair | Mustafa | Junior Dat... | linkedin.c... | - | u*********... | - |
| - | Maliha | Shahid | Product De... | linkedin.c... | - | m*********... | - |
Mentions in press and media 8
| Date | Title | Description |
| 30.05.2022 | Swiss digital lending platform acquires fintech from Pakistan | |
| 20.06.2019 | Pakistani entrepreneur wins top prize in Paris for her FinTech startup | Naureen Hayat — the co-founder of Tez Financial Services, a FinTech startup from Planet N Group offering digital financial products and services to low-end consumers, has won the first prize from Visa Everywhere Initiative: Women’s Global E... |
| 17.06.2019 | Winners of Inclusive Fintech 50 | MetLife Foundation and Visa, with partners Accion and IFC, launch inaugural list to help fintech companies attract capital and resources to benefit the 3 billion financially underserved people globally. MetLife Foundation and Visa with glob... |
| 22.10.2018 | Tez Financial Services Raises $1.1M Seed Round | Tez Financial Services Tez Financial Services Founded: 2016 Headquarters: Pakistan Total Funding: $1.1M See full company profile "> , the first fully digital Non-Bank Microfinance Company (NBMFC) in Pakistan, has announced it has ra... |
| 20.10.2018 | Pakistan’s Tez Financial raises $1.1m seed funding led by Omidyar | Premium Tez Financial Services, the first fully digital non-bank microfinance company (NBMFC) in Pakistan, on Friday announced that it has raised $1.1 million in a seed round led by Omidyar Network, the impact investment firm established by... |
| 19.10.2018 | Term Sheet — Friday, October 19 | THE BIG BIRD RACE Good morning. Polina is off today and will return next week. In place of this morning’s essay is a brand-new report by Lucinda Shen on the rise of electric scooter chargers—the people behind the multibillion-dollar busines... |
| 19.10.2018 | Pakistani fintech startup Tez Financial raises $1.1 million in Seed Round led by Omidyar Network | Tez Financial Services, a Pakistan-based fintech startup, has raised $1.1 million in a seed round to build its credit portfolio, enhance its mobile technology platform, and secure the company’s NBMFC license. The latest round is led by Omid... |
| 19.10.2018 | Pakistani Startup Tez Financial Services raises $1.1 Million in seed funding | Tez Financial Services, the first fully digital Non-Bank Microfinance Company (NBMFC) focused on serving the unbanked and underbanked in Pakistan, today announced that it has raised USD$1.1 million in a seed round led by Omidyar Network, th... |