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.
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 | Deal News |
| 22.10.2018 | Seed | $1.1M | - | coverager.... |
Mentions in press and media 8
| Date | Title | Description | Source |
| 30.05.2022 | Swiss digital lending platform acquires fintech from Pakista... | Backed by leading investors including Planet N, Flourish Ventures and Accion, Tez became the first... | startuptic... |
| 20.06.2019 | Pakistani entrepreneur wins top prize in Paris for her FinTe... | Naureen Hayat — the co-founder of Tez Financial Services, a FinTech startup from Planet N Group offe... | techjuice.... |
| 17.06.2019 | Winners of Inclusive Fintech 50 | MetLife Foundation and Visa, with partners Accion and IFC, launch inaugural list to help fintech com... | fintechnew... |
| 22.10.2018 | Tez Financial Services Raises $1.1M Seed Round | Tez Financial Services Tez Financial Services Founded: 2016 Headquarters: Pakistan Total Funding:... | coverager.... |
| 20.10.2018 | Pakistan’s Tez Financial raises $1.1m seed funding led by Om... | Premium Tez Financial Services, the first fully digital non-bank microfinance company (NBMFC) in Pa... | dealstreet... |
| 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 mor... | fortune.co... |
| 19.10.2018 | Pakistani Startup Tez Financial Services raises $1.1 Million... | Tez Financial Services, the first fully digital Non-Bank Microfinance Company (NBMFC) focused on ser... | techjuice.... |
| 19.10.2018 | Pakistani fintech startup Tez Financial raises $1.1 million ... | Tez Financial Services, a Pakistan-based fintech startup, has raised $1.1 million in a seed round to... | techstartu... |