Planet N Group
We are an emerging markets focused
high-tech and social impact investment firm
dedicated to development through digitization
MISSION
Our mission is to support entrepreneurs across emerging markets to build successful, scalable, international and socially impactful businesses which harness the best of global technology to solve market problems and propel their societies along the path of development through digitization
Strategy
Innovation
Our core geographies constitute a c.300 million person market within which our stable of entrepreneurs are innovating globally pioneering technology solutions
Adaptation
For certain global technology solutions and sectors, our core markets are unchartered territory. We back entrepreneurs in their mission to adapt such solutions for the nuances of local markets and lock in their first mover advantage
Expansion
Whether it be through innovation, adaptation or a combination of both, once a portfolio company's business model is validated domestically, Planet N drives the international expansion of that business into other emerging markets and beyond
Impact
We support founders who harness cutting-edge technologies to make their communities and the world a better place
Impact
Development through Digitization
Data Science Driven social ventures
Financial Inclusion
Economic Empowerment
Human Capital Development
PORTFOLIO
Sectors
Team
Track Record
DNA
Planet N Management Team's previous venture, Telenor Microfinance Bank (formerly known as Tameer) is the world's leading example of how a financial inclusion focused business can simultaneously be both socially impactful and commercially successful. Using cutting edge technology and rigorous commercial acumen, underpinned by an unwavering commitment to local communities, we built a business that redefined social impact. We bring the same DNA to each of our portfolio companies.
IMPACT
Telenor Bank is lauded by the World Bank as one of the most socially impactful banks in its field. Its EasyPaisa offering is rated as the world's second largest branchless banking solutions, moving over 5% of Pakistan's GDP in 2017. Under Nadeem Hussain's stewardship, Telenor Bank and Easypaisa won numerous Best Microfinance Bank and Financial Inclusion awards from The World Bank, The Wall Street Journal and others: https://www.telenorbank.pk/awards.html
COMMERCIAL
Planet N Management exited the double bottom line bank to Telenor, the Norwegian government owned Telecoms firm in 2016. In 2018, marking its first entry into the Pakistan market, Alibaba-Ant Financial acquired a 45% stake in the company at a $410m valuation representing a 41.0x multiple of the initial 2005 founding capital of the business. This marks the largest such multiple paid for a Bank in Asia this century and proves that social impact can exceed conventional investments while beneficially transforming society.
Media
Planet N @ Columbia University
Planet N @ Princeton University
Planet N @ Harvard University
Planet N @ Wharton School, University of Pensylvania
Planet N & KIA-PKIC Receive Digital Banking Licence
Planet N @ BNP Paribas Next Gen Conference, Hong Kong
Pak-Kuwait Investment Company Partners with Planet N
Talks at Google: Financial Inclusion for the Next Billion Users
Launch of Jinglepay, Egypts first Neo Bank
Launch of Kashat Egypt, Egypts first Neo Bank
Alibaba invests in Telenor Microfinance Bank
Markets and Global Presence
Contact Us
Planet N & Albion AI
Michelin House 81 Fulham Road,
London SW6 3RD
United Kingdom
Emirates AI / Planet N Partnership Lulu Tower B,
Khalifa Street P.O.Box: 51720,
Abu Dhabi, UAE
Planet N / Pharos Partnership 7 Abu El Feda Street
Zamalek 11211
Cairo, Egypt
Planet N Group of Companies 19/E/II, 2nd Commercial Lane,
Zamzama, Phase V, D.H.A.,
Karachi – Pakistan
Planet N / Pins Capital Partnership 4601 Convention Plaza
Office Tower, 1 Harbour Rd, Wan Chai,
Hong Kong