Headquartered in Singapore, Telenor Financial Services (TFS) manages financial services investments in Pakistan and Myanmar, which combined serve more than 20 million active customers.
Telenor Microfinance Bank
Telenor Microfinance Bank (TMB) Pakistan, a joint venture between Telenor and Ant Financial, is a top-10 microfinance bank. In 2009, the company created history by launching Easypaisa, the first of its kind in Pakistan, and still the country’s leading mobile money service. Easypaisa’s success marked the starting point of Pakistan’s fintech revolution.
Wave Money Myanmar is a joint venture established in 2016 between Telenor and Yoma Bank, with Ant Financial joining in 2020. It provides instant, safe and reliable mobile financial services via a nationwide Wave Shop agent network and through the convenience of WavePay mobile wallet.