VEON’s JazzCash Wins Silver Award for Innovation in Lending at Money20/20 USA 2025
VEON (NASDAQ: VEON) announced that its Pakistan digital finance platform JazzCash won the Silver Award in Banking at Money20/20 USA 2025 for ReadyCash, its digital lending feature.
ReadyCash disburses an average of 140,000 digital loans daily, making JazzCash the largest digital lender in Pakistan, and was recognised for responsible lending and advancing financial inclusion aligned with Pakistan's target of 75% formal access by 2028.
VEON (NASDAQ: VEON) ha annunciato che la sua piattaforma di finanza digitale pakistana JazzCash ha vinto il Silver Award nel Banking a Money20/20 USA 2025 per ReadyCash, la sua funzionalità di prestito digitale.
ReadyCash eroga in media 140.000 prestiti digitali al giorno, rendendo JazzCash il più grande prestatore digitale in Pakistan, ed è stato riconosciuto per il prestito responsabile e per promuovere l'inclusione finanziaria in linea con l'obiettivo del Pakistan di 75% di accesso formale entro il 2028.
VEON (NASDAQ: VEON) anunció que su plataforma de finanzas digitales de Pakistán, ganó el Silver Award en Banking en Money20/20 USA 2025 por ReadyCash, su función de préstamo digital.
ReadyCash concede en promedio 140.000 préstamos digitales diarios, convirtiendo a JazzCash en el mayor prestamista digital de Pakistán, y fue reconocido por el préstamo responsable y por promover la inclusión financiera alineada con el objetivo de Pakistán de 75% de acceso formal para 2028.
VEON(나스닥: VEON)은 파키스탄의 디지털 금융 플랫폼 JazzCash가 ReadyCash, 디지털 대출 기능으로 Money20/20 USA 2025의 뱅킹 부문 실버 어워드를 수상했다고 발표했습니다.
ReadyCash는 하루 평균 14만 건의 디지털 대출을 발행하여 JazzCash를 파키스탄에서 가장 큰 디지털 대출기관으로 만들었고, 책임 있는 대출과 파키스탄의 2028년까지 형식적 접근성 75% 목표에 부합하는 금융 포용성 증진을 인정받았습니다.
VEON (NASDAQ: VEON) a annoncé que sa plateforme pakistanaise de finance numérique JazzCash a remporté le Silver Award en Banking lors de Money20/20 USA 2025 pour ReadyCash, sa fonctionnalité de prêt numérique.
ReadyCash accorde en moyenne 140 000 prêts numériques par jour, faisant de JazzCash le plus grand prêteur numérique du Pakistan, et il a été reconnu pour le prêt responsable et pour favoriser l'inclusion financière conformément à l'objectif du Pakistan de 75% d'accès formel d'ici 2028.
VEON (NASDAQ: VEON) gab bekannt, dass seine pakistanische Plattform für digitale Finanzen JazzCash den Silver Award im Banking bei Money20/20 USA 2025 für ReadyCash, seine digitale Kreditfunktion, gewonnen hat.
ReadyCash bewilligt durchschnittlich 140.000 digitale Kredite pro Tag, was JazzCash zum größten digitalen Kreditgeber in Pakistan macht, und es wurde für verantwortungsbewusste Kreditvergabe und die Förderung der finanziellen Inklusion anerkannt, im Einklang mit dem Ziel Pakistans von 75% formalem Zugang bis 2028.
أعلنت شركة VEON (المدرجة في ناسداك: VEON) أن منصتها الباكستانية للتمويل الرقمي JazzCash فازت بجائزة Silver Award في Banking في Money20/20 USA 2025 عن ReadyCash، وظيفتها للتمويل الرقمي.
تمر ReadyCash في المتوسط 140,000 قرض رقمي يومياً، مما يجعل JazzCash أكبر مقرض رقمي في باكستان، كما حُظي بالاعتراف به للائتمان المسؤول وتقديم الشمول المالي تماشياً مع هدف باكستان 75% وصول رسمي بحلول 2028.
VEON (NASDAQ: VEON) 宣布，其巴基斯坦数字金融平台 JazzCash 在 Money20/20 USA 2025 的银行业中获得银奖，表彰 ReadyCash 这一数字借贷功能。
ReadyCash 平均每天发放 14万笔数字贷款，使 JazzCash 成为巴基斯坦最大的数字借贷平台，并因负责任的放贷和促进金融包容性而获得认可，与巴基斯坦到 2028 年实现 正式准入 75% 的目标保持一致。
- 140,000 digital loans disbursed daily by ReadyCash
- Recognised with Silver Award for Banking at Money20/20 USA 2025
- Positioned as the largest digital lender in Pakistan
- Aligned with Pakistan’s 75% financial inclusion target by 2028
- None.
DUBAI / LAS VEGAS – October 28, 2025: VEON Ltd. (NASDAQ: VEON), a global digital operator (“VEON” and, together with its subsidiaries, the “Group”), today announces that its digital financial services platform in Pakistan, JazzCash, has won the Silver Award in the Banking category at Money20/20 USA 2025, a leading global platform for the financial services ecosystem.
The award recognizes ReadyCash, JazzCash’s pioneering digital lending feature that provides instant and accessible credit to individuals and micro-entrepreneurs in Pakistan. On average, it disburses 140,000 digital loans daily, making JazzCash the largest digital lender in the country.
JazzCash was awarded for its innovation in responsible lending and its contribution to shaping the future of credit inclusion in Pakistan, in alignment with the country’s National Financial Inclusion Strategy, which targets increasing formal financial access to
“ReadyCash was designed for the millions excluded from formal credit — small business owners, daily wage earners, and families managing irregular incomes. It goes beyond lending; it’s about restoring dignity, building trust, and empowering progress through responsible finance,” said Murtaza Ali, JazzCash CEO. “This recognition further affirms that emerging markets like Pakistan can lead the way in building scalable, ethical, and AI-powered financial ecosystems.”
“JazzCash’s recognition at Money20/20 USA is as much a milestone for Pakistan and frontier markets, as it is for VEON,” added Kaan Terzioglu, VEON Group CEO. “When technology meets purpose, innovation flourishes and makes a genuine social impact. As a champion of digital financial inclusion, we consider it a privilege to bridge the service gap in frontier markets — a mission that benefits both society and sustainable business growth. We will continue to deliver impact at scale through locally built solutions in our high-growth markets.”
Competing alongside global leaders such as J.P. Morgan Payments, Revolut, and NuBank, JazzCash’s Silver Award places Pakistan’s digital financial ecosystem firmly on the global map of lending innovation.
JazzCash was also named a finalist at the Money20/20 Awards USA in the Payments category for “Financial Inclusion: Reimagining Aid Delivery through Branchless Banking”, highlighting its collaboration with public-sector and social welfare institutions to digitizing government and donor disbursements, which ensures transparent and dignified access to financial support for vulnerable communities across Pakistan.
About JazzCash
JazzCash is Pakistan’s leading digital financial services platform, operating under a Branchless Banking charter and offering mobile wallet services in collaboration with Mobilink Microfinance Bank. It serves 54 million customers, offering a broad portfolio of financial services for customers, including payments, lending, insurance, welfare disbursements, government to public payments for various services. For more information, please visit: www.jazzcash.com.pk.
About VEON
VEON is a digital operator that provides services to over 150 million connectivity customers and approximately 120 million monthly active digital users. Operating across five countries that are home to more than
Disclaimer
This release contains “forward-looking statements,” as the phrase is defined in Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. Forward-looking statements are not historical facts, and include statements relating to, among other things, VEON’s strategy and investment plans. Forward-looking statements are inherently subject to risks and uncertainties, many of which VEON cannot predict with accuracy and some of which VEON might not anticipate. The forward-looking statements contained in this release speak only as of the date of this release. VEON does not undertake to publicly update, except as required by U.S. federal securities laws, any forward-looking statement to reflect events or circumstances after such dates or to reflect the occurrence of unanticipated events.
Contact Information
Hande Asik
Group Director of Communications and Strategy
pr@veon.com
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