# JazzCash revenue jumps 67.6% in Q3

> JazzCash's revenue surged 67.6% year-on-year to Rs43.4 billion as digital transactions and nano-loans expanded.
- Title: JazzCash revenue jumps 67.6% in Q3 · Brecorder | Shortify
- Summary: JazzCash's revenue surged 67.6% year-on-year to Rs43.4 billion as digital transactions and nano-loans expanded.
- Keywords: jazzcash, veon, pakistan financial services business, nano-loans, digital transactions, jazzworld pakistan limited, mobilink microfinance bank, tpl insurance limited, pakistan, Brecorder
- Source: Brecorder — https://brecorder.com/news/40447860/jazzcash-records-676pc-increase-in-revenue
- Author: Tahir Amin
- Published: 2026-11-07T01:53:11+00:00
- Read time: 1 min
- Topics: jazzcash, veon, pakistan financial services business, nano-loans, digital transactions, jazzworld pakistan limited, mobilink microfinance bank, tpl insurance limited, pakistan, business, money
## JazzCash revenue surge
JazzCash and its associated financial services businesses recorded a 67.6 percent year-on-year increase in revenue to Rs43.4 billion in the third quarter ended September 30, 2026.
## Digital transactions grow
Digital transactions surged, lending expanded and VEON strengthened its presence in Pakistan’s telecom and financial services markets through a USD240 million spectrum acquisition and takeover of TPL Insurance.
## Gross transaction value
The business generated a gross transaction value (GTV) of Rs6.9 trillion, up 79.2 percent from Rs3.86 trillion in the corresponding quarter last year.
## Branchless banking growth
Branchless banking accounts increased 21.6 percent to 65 million, while customers active during the quarter rose 15.6 percent to 30.4 million.
## Merchant network expansion
Active merchants reached 957,100, compared with 431,300 a year earlier, an increase of 121.9 percent.
## Nano-loans drive growth
JazzCash issued more than 230,000 nano-loans daily during the quarter, with the gross loan portfolio increasing 51.9 percent year-on-year to Rs134.6 billion.
## Key takeaway

JazzCash reported a 67.6% year-on-year revenue increase to Rs43.4 billion in Q3 2026, driven by digital transactions and nano-loans.