VEON’s JazzCash and Mobilink Bank Shortlisted for Prestigious GLOMO Awards
Rhea-AI Summary
VEON (Nasdaq: VEON) has been shortlisted for two Global Mobile (GLOMO) Awards at MWC 2025. JazzCash, Pakistan's largest fintech with nearly 20 million monthly active users, is nominated for 'Best Fintech Innovation' for its Tap Pay for Business solution, which transforms mobile devices into Point-of-Sale machines. Mobilink Microfinance Bank, VEON's digital banking subsidiary, is nominated for 'CMO Marketing Campaign' for its Invisible Heirs initiative, which addresses women's inheritance rights in Pakistan through an inheritance calculator in their mobile app.
These nominations follow VEON's previous GLOMO Award wins in 2024 for Kyivstar's Network Resilience Project and in 2023 for 'Best Mobile Operator Service for Connected Consumers'. The awards ceremony will take place in Barcelona on March 5th, 2025.
Positive
- JazzCash has achieved significant scale with nearly 20 million monthly active users
- Recognition through GLOMO Award nominations demonstrates strong market position and innovation
Negative
- None.
News Market Reaction – VEON
In the trading session that priced this news, VEON gained 1.94%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
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Dubai and Islamabad, February 12 2025: VEON Ltd. (Nasdaq: VEON), a global digital operator (“VEON” or the “Group”), today announces that it has been shortlisted for two Global Mobile (GLOMO) Awards at the upcoming MWC 2025. JazzCash, which is Pakistan’s largest fintech with nearly 20 million monthly active users, was shortlisted for the ‘Best Fintech Innovation’ award. Mobilink Microfinance Bank, VEON’s digital banking subsidiary in Pakistan, was nominated for the ‘CMO Marketing Campaign’ award.
JazzCash earned its GLOMO 2025 nomination in the ‘Best Fintech Innovation’ category for its Tap Pay for Business offering. This pioneering innovation transforms mobile devices into Point-of-Sale machines, empowering businesses with real-time access to funds, improving cash flow, and making it a game-changer for business owners.
Mobilink Bank’s Invisible Heirs campaign earned it a spot on the shortlist for the ‘CMO Marketing Campaign’ category. This powerful initiative addresses a critical issue faced by women in Pakistan and beyond: the intricate challenges of understanding, recognizing, and claiming their rightful inheritance. Invisible Heirs raises awareness about the fact that many women are deprived of what is lawfully theirs while also offering a solution in the form of an inheritance calculator that is built into the Mobilink Bank mobile app.
“We are delighted that VEON’s innovation and commitment to financial inclusion continues to be recognised on a global stage. Our mission is to promote digital empowerment as we support our customers across the 1,440 minutes that make up each day,” states Kaan Terzioglu, CEO of VEON Group. “These nominations highlight our success in delivering outstanding services to the nearly 160 million customers across the six countries where we operate.”
The nominations follow VEON’s GLOMO Award wins in 2024 for its Ukrainian digital operator Kyivstar in the category for ‘Best Mobile Innovation Supporting Emergency or Humanitarian Situations’ for its for Network Resilience Project. VEON also received the GLOMO Award for ‘Best Mobile Operator Service for Connected Consumers’ in 2023.
The GLOMO Awards ceremony will take place in Barcelona on March 5th, 2025, during the Mobile World Congress conference and exhibition in Barcelona.
About VEON
VEON is a digital operator that provides connectivity and digital services to nearly 160 million customers. Operating across six countries that are home to more than
Contact Information
Hande Asik
Group Director of Strategy and Communications
pr@veon.com
