Tagged: telenor group

Telenor Group Finds Buyer for Wave Money Stake at Discounted $53M Price

Telenor Group, a provider of tele, data, and media communication services across Asia and the Baltics, this week announced it will be selling its 51 per cent stake in Digital Money Myanmar, a digital payment solutions provider that is also known by the name Wave… Read More

Fintech Firm Ant Financial Partners Myanmar’s Wave Money to Promote Financial Inclusion for the Underbanked

Ant Financial, the Fintech division of Chinese multinational e-commerce giant Alibaba Group (NYSE:BABA), has teamed up with Digital Money Myanmar (Wave Money), in order to promote financial inclusion and help the country’s unbanked and underbanked population. Ant Financial will offer its expertise in mobile and… Read More

Ant Financial Enters Into New Strategic Partnership With Telenor Group to Deliver Financial Services in Pakistan

Telenor Group announced on Tuesday it has reached a strategic partnership agreement with Ant Financial Services Group (Ant Financial) in Pakistan, where Ant Financial will invest $184.5 million for a 45% stake in Telenor Microfinance Bank (TMB), a subsidiary of Telenor Group, to further develop… Read More

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