Iran, Tehran – TARAKONESH HAMRAH MONEYTECH Co. (PJS) held its annual general assembly in its central office on Nov. 1, 2023 for its fiscal year ending on Sep. 22, 2023.

Under MONEYTECH commercial brand, the company is a subsidiary of TOSEE FANAFZAR TOSAN Co, under FANAFZAR bourse symbol.

The assembly opened with MONEYTECH Performance Report for its fiscal year ending on Sep. 22, 2023 which included performance in four working seasons regarding its general strategies.

Despite all problem MONEYTECH manages to realize its financial and development goals as described in its approved budget and through hard work of its executive teams, it gained more than 75% increase in all budget divisions, the report said.

With 441,220,700,000 Tomans income and 47,973,900,000 Tomans of operational profit, MONEYTECH ended its fiscal year with considerable profit for its stockholders. MONEYTECH also serviced 20 million distinctive Iranian individuals.

In 2023 MONEYTECH also realized following goals:

  1. Addition of SINA and DAY banks as second operator banks since November 2022
  2. Doubling MONEYTECH incomes
  3. 94% increase in MONEYTECH assets
  4. 84% increase in operational profit of MONEYTECH
  5. 42% increase in transactions registered on MONEYTECH Network
  6. Extending inclusion in more than 9 thousand active terminals
  7. Becoming the biggest independent banking machine network in the country
About MONEYTECH

TARAKONESH HAMRAH MONEYTECH Co. (PJS) under MONEYTECH commercial brand, is a subsidiary of TOSEE FANAFZAR TOSAN Co, under FANAFZAR bourse symbol, and started its operation in 2018. MONEYTECH was founded to develop “independent banking machine network with real owners” and “improvement of activities related to the management and maintenance of such network in bank”. Though constant innovation, added value services supply, and expert marketing and targeting for this banking machines, MONEYTECH helps increase “access to banking services” and evermore increase in transaction income for real acceptors.

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