Tez Financial Services
Founded Year
2016Stage
Acquired | AcquiredTotal Raised
$1.2MAbout Tez Financial Services
On May 23rd, 2022, Tez Financial Services was acquired by ZoodPay. Terms of the transaction were not disclosed. Tez Financial Services is a Pakistan-based FinTech offering financial products and services to low-end customers. By aggregating credit, savings, insurance, and investments into a single platform, Tez aims to reduce the financial vulnerability of the long-tail customer, thereby enhancing financial inclusion. Tez Advance offers nano-loans, based on the profile of the customer assessed through machine learning algorithms and data on their phones. The company was founded in 2016 and is based in Karachi, Pakistan.
Tez Financial Services Headquarters Location
Delhi Society Delhi CHS PECHS
Karachi, 74000,
Pakistan
+92-423-832-9614
Tez Financial Services's Products & Differentiation
See Tez Financial Services's products and how their products differentiate from alternatives and competitors
Unsecured Loan, between $5 - $100, for tenors between 7 and 60 days with charges as low at 5%.
Differentiation
Instantly available, unsecured, single identity documentation requirement, agnostic to any payment provider.
Expert Collections containing Tez Financial Services
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Tez Financial Services is included in 6 Expert Collections, including Digital Health.
Digital Health
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Digital Lending
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This collection contains companies that provide alternative means for obtaining a loan for personal or business use and companies that provide software to lenders for the application, underwriting, funding or loan collection process.
Insurtech
2,492 items
Companies and startups that use of technology to improve core and ancillary insurance operations. Companies in this collection are creating new product architectures, improving underwriting models, accelerating claims and creating a better customer experience
Artificial Intelligence
9,391 items
This collection includes startups selling AI SaaS, using AI algorithms to develop their core products, and those developing hardware to support AI workloads.
Payments
199 items
Digital ID In Fintech
268 items
For this analysis, we looked at digital ID companies working in or with near-term potential to work in fintech applications. Startups here are enabling fintech companies to verify government documents, authenticate with biometrics, and combat fraudulent logins.
Latest Tez Financial Services News
May 30, 2022
ZoodPay, a Swiss-based buy now, pay later (BNPL) platform for e-commerce customers in the Middle East and Central Asia, has made its entry into Pakistan by fully acquiring the Karachi-headquartered The post BNPL Player Zoodpay Expands to Pakistan With Acquisition of Tez Financial Services appeared first on Fintech Schweiz Digital Finance News - FintechNewsCH.
Tez Financial Services Web Traffic
Tez Financial Services Rank
When was Tez Financial Services founded?
Tez Financial Services was founded in 2016.
Where is Tez Financial Services's headquarters?
Tez Financial Services's headquarters is located at Delhi Society Delhi CHS PECHS, Karachi.
What is Tez Financial Services's latest funding round?
Tez Financial Services's latest funding round is Acquired.
How much did Tez Financial Services raise?
Tez Financial Services raised a total of $1.2M.
Who are the investors of Tez Financial Services?
Investors of Tez Financial Services include ZoodPay, Visa Everywhere Initiative, Accion Venture Lab, Planet N Group and Flourish Ventures.
What products does Tez Financial Services offer?
Tez Financial Services's products include and undefined.
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