Tuesday
January 7
2025

Veon Group Invests $15 Million in Mobilink Bank for Growth and Tech Advancements in Pakistan

By Huma Ishfaq

Veon Group, a global digital operator, has invested $15 million in Mobilink Bank Pakistan to support the bank’s growth initiatives and technological transformation. The capital aims to bolster Mobilink Bank’s efforts in expanding its services in Micro, Small, and Medium Enterprise (MSME) financing, exploring Islamic banking, and transitioning into a more digitally advanced financial institution.

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Source: TechJuice (link opens in a new window)

Categories
Investing
Tags
digital finance, digital inclusion, digital payments, financial inclusion, innovation, Islamic finance, microfinance, MSMEs