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InvoiceMate & Telenor Microfinance Bank to Collaborate for SME Working Capital Financing

InvoiceMate EasyPaisa MoU

Islamabad: InvoiceMate and Telenor Microfinance Bank Limited ink landmark collaboration to start extending SME working capital financing. 

According to the understanding, InvoiceMate and Telenor Microfinance Bank Limited will work together to extend easy working capital financing options to the SME sector. 

The signing ceremony took place at the Islamabad office of Telenor Microfinance Bank Limited. Founder and CEO of InvoiceMate Muhammad Salman Anjum and Khurram Waraich Group Head – Digital Lending & Data Science at Telenor Microfinance Bank Limited signed on behalf of their respective organizations.
Affan Abid Head of Lending Product & Growth, Sufian Tarar Director – Digital Lending at Telenor Microfinance Bank Limited, and Zirgham Ali Bukhari Regional Business Head at InvoiceMate were also present at the occasion.
The initiative is part of InvoiceMate’s commitment to empowering SMEs of Pakistan through easy invoice financing.

About InvoiceMate

InvoiceMate Tech is a DIFC incorporated fintech company working for enabling SME working capital financing. InvoiceMate is world’s first blockchain-powered invoice financing enabler with integrated invoice management system. InvoiceMate is currently operating in the UAE and Pakistan. 

About Telenor Microfinance Bank Ltd. 

Telenor Microfinance Bank Ltd. is the first scheduled microfinance bank of Pakistan that is designed to operate as a fintech. The bank aims to promote financial inclusion by empowering all Pakistanis to adopt convenient and secure digital financial solutions through their flagship digital payments platform Easypaisa.