Fanavar Card, 1st Neobank in Field of Technology Unveiled

Fanavar Card, Neobank in the field of technology was unveiled on the second day of the INOTEX 2023.

The unveiling ceremony was held in the presence of the CEO of Qarz Al-Hasaneh Mehr Iran Bank Saeed Shamsi Nezhad and CEO of High-Tech Development Fund Roohollah Mir Amini.

This platform will be implemented in the first phase for Pardis Technology Park members’ staff, in the second phase for law firms located in the park, and in the following phases for all knowledge-based and technology companies across the country and their personnel.

Fanavar Card was made in the first step with the aim of improving financial and welfare and specialized services to Pardis Technology Park companies and their personnel, and then to all knowledge-based and technological companies across the country, Head of High-Tech Development Fund for credit and commercialization affairs Mohammad Kolahi said.

This platform has dedicated, diverse and comprehensive financial and welfare services, such as real and legal facilities of High-Tech Development Fund and banks, fund guarantee services, installment payment, support for executive bodies, providing a variety of foreign exchange services, investing in the project through financing and bank transfer, he added.

Meanwhile, Shamsi Nezhad said that the cooperation between Qarz Al-Hasaneh Mehr Iran Bank and High-Tech Development Fund is aimed at accelerating the payment of facilities and developing the technological ecosystem of the country.

Referring to the new banks established in the country, he said that banks are now providing digital and artificial intelligence services which has led customers to financial and banking services based on technology.

In the meantime, Mir Amini said that the platform for Lendtech and microcredit has been provided, which is growing rapidly in the world.