Back to news

JazzCash Wins Silver Award for Innovation in InsurTech at Money20/20 USA 2026

Globe Newswire•19/10/2026•07:00 ET
0

Key Highlights

  • ➤Sehat+ serves 2.38 million active unique insurance customers
  • ➤Sehat+ has issued 27.7 million policies to date
  • ➤JazzCash wins second consecutive Money20/20 USA Silver Award
  • ➤JazzCash named finalist for Strategic Alliance & Partnership category
  • ➤JazzCash plans expansion into savings and investment products

Expert Statements

Kaan Terzioglu, Group CEO of VEON

“JazzCash’s recognition at Money20/20 USA for a second consecutive year is testament to the consistency of its work expanding financial access across Pakistan.”

Kaan Terzioglu, Group CEO of VEON

“JazzCash is a strong example of embedded finance in action, from credit to insurance built directly into everyday transactions, delivered at scale in one of the world’s most populous countries.”

Murtaza Ali, CEO of JazzCash

“The real measure of our work at JazzCash is impact: whether a microentrepreneur gets credit when they need it, or a family’s health claim gets paid without delay.”

Murtaza Ali, CEO of JazzCash

“That’s the standard we hold ourselves to, for our customers, our partners, and the communities we serve.”

Murtaza Ali, CEO of JazzCash

“We’re now bringing that same approach to savings and investment, so more Pakistanis can build toward their future.”

LAS VEGAS and Islamabad, October 19, 2026: Jazzcash, Pakistan’s leading digital financial services platform and a subsidiary of VEON Ltd. (NASDAQ: VEON), has won the Silver Award in the Banking – InsurTech category at Money20/20 USA 2026, a leading global platform for the financial services ecosystem. This marks JazzCash’s second consecutive year winning a Silver Award at Money20/20 USA, having won in Banking for its ReadyCash lending platform in 2025.

The award recognizes Sehat+, JazzCash’s health-protection platform, for its innovation in insurtech and its role in bringing affordable, accessible health insurance to Pakistan’s informal workforce, daily-wage earners, small traders and first-time insurance buyers, for the first time. Sehat+ now serves 2.38 million active unique insurance customers and has issued 27.7 million policies to date, embedding insurance into everyday transactions and paying claims without the paperwork that has traditionally kept coverage out of reach for informal workers.

Get started

Create a free account to read the full story.

Sign Up

Already have an account? Log in