Humraah Financial Services Limited Information

HUMRAAH FINANCIAL SERVICES LTD (a Licensed NBFC from SECP) has started a technique-empowered lending NBFC. Company has established an online platform to provide loans nationwide in Pakistan. With the mission of utilizing technology to make personalized credit accessible, we target hundreds of millions of mobile-active consumers in Pakistan who need access to credit for their discretionary spending but are underserved by traditional financial institutions due to a lack of traditional credit data and the operational inefficiencies of traditional financial institutions. We will use big data-enabled technologies, such as artificial intelligence and machine learning, to transform the consumer finance experience in Pakistan. With the online platform, all the transactions will be facilitated through mobile devices. Prospective borrowers would be able to apply for credit on their mobile phones and receive approval. Approved borrowers are then able to draw down their cash credit with cash disbursed immediately into their Bank accounts/mobile wallets.