Tez Financial Services Overview

  • Year Founded
  • 2016

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 13

Employees

  • Latest Deal Type
  • M&A

Tez Financial Services General Information

Description

Developer of a microfinance application designed to provide seamless financial access to the unbanked and under-banked. The company's application analyzes consumers' digital footprint trends, social behavior, and consumption patterns driven by powerful algorithms and artificial intelligence, enabling individuals to cater to their short-term liquidity needs and provide them security and protection via health and term life insurance.

Contact Information

Website
www.tezfinancialservices.pk
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 19/E-2, 2 Zamzama
  • Commercial Lane, PhaseV, D.H.A
  • Karachi
  • Pakistan
Primary Industry
Financial Software
Other Industries
Consumer Finance
Application Software
Acquirer
OrientSwiss
Vertical(s)
InsurTech, FinTech, Mobile
Corporate Office
  • 19/E-2, 2 Zamzama
  • Commercial Lane, PhaseV, D.H.A
  • Karachi
  • Pakistan

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Tez Financial Services Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Merger/Acquisition 23-May-2022 Completed Generating Revenue
3. Grant 10-Jun-2019 Completed Generating Revenue
2. Seed Round 30-Jun-2018 $1.1M $1.1M Completed Generating Revenue
1. Seed Round 01-Jan-2017 Completed Startup
To view Tez Financial Services’s complete valuation and funding history, request access »

Tez Financial Services Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a microfinance application designed to provide seamless financial access to the unbanked and under-banked.
Financial Software
Karachi, Pakistan
13 As of 2022

Jakarta Pusat, Indonesia
 

London, United Kingdom
 
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Tez Financial Services Competitors (20)

One of Tez Financial Services’s 20 competitors is Akulaku, a Venture Capital-Backed company based in Jakarta Pusat, Indonesia.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Akulaku Venture Capital-Backed Jakarta Pusat, Indonesia
Checkout.com Venture Capital-Backed London, United Kingdom
ZestMoney Private Equity-Backed New Delhi, India
Yapily Venture Capital-Backed London, United Kingdom
Boost Payment Solutions Venture Capital-Backed New York, NY
You’re viewing 5 of 20 competitors. Get the full list »

Tez Financial Services Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Tez Financial Services Former Investors (5)

Investor Name Investor Type Holding Investor Since Participating Rounds
Accion Venture Capital Minority
Flourish Ventures Venture Capital Minority
Omidyar Network Impact Investing Minority
Planet N Group Impact Investing Minority
Visa Corporation
To view Tez Financial Services’s complete investors history, request access »

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Tez Financial Services FAQs

  • When was Tez Financial Services founded?

    Tez Financial Services was founded in 2016.

  • Where is Tez Financial Services headquartered?

    Tez Financial Services is headquartered in Karachi, Pakistan.

  • What is the size of Tez Financial Services?

    Tez Financial Services has 13 total employees.

  • What industry is Tez Financial Services in?

    Tez Financial Services’s primary industry is Financial Software.

  • Is Tez Financial Services a private or public company?

    Tez Financial Services is a Private company.

  • What is Tez Financial Services’s current revenue?

    The current revenue for Tez Financial Services is .

  • How much funding has Tez Financial Services raised over time?

    Tez Financial Services has raised $1.1M.

  • Who are Tez Financial Services’s investors?

    Accion, Flourish Ventures, Omidyar Network, Planet N Group, and Visa have invested in Tez Financial Services.

  • Who are Tez Financial Services’s competitors?

    Akulaku, Checkout.com, ZestMoney, Yapily, and Boost Payment Solutions are some of the 20 competitors of Tez Financial Services.

  • When was Tez Financial Services acquired?

    Tez Financial Services was acquired on 23-May-2022.

  • Who acquired Tez Financial Services?

    Tez Financial Services was acquired by OrientSwiss.

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