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Dashen Bank, Ethio Telecom jointly disburse over 14 billion birr via telebirr

Oluwatosin Adeyemi by Oluwatosin Adeyemi
August 23, 2025
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Dashen Bank partners with Mastercard, Accion to expand digital banking for Ethiopian MSMEs and women entrepreneurs

Dashen Bank partners with Mastercard, Accion to expand digital banking for Ethiopian MSMEs and women entrepreneurs

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Dashen Bank and Ethio Telecom distributed more than 14 billion birr to clients through telebirr in the fiscal year that concluded on June 30, 2025.

The partnership has allowed millions of Ethiopians, individual consumers, business owners, or agents, to obtain basic financial services like savings plans and small loans.

With this milestone, Dashen Bank demonstrates its ongoing dedication to empowering marginalised communities and extending financial inclusion via cutting-edge digital platforms.

Over 2.3 million customers used Dashen Bank’s telebirr service

Over 2.3 million customers used Dashen Bank’s telebirr service during the fiscal year, completing over 8.4 million transactions totalling roughly 14 billion birr.

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The expanding use of mobile financial services highlights the rising demand for dependable and easily accessible digital banking solutions in Ethiopia.

Services offered via Dashen Bank-Ethio Telecom’s partnership

Dashen Bank offers its clients customised financial products through this partnership, such as:

Mela: This is a microcredit service intended for merchants and individual consumers.

Endekise: This is an overdraft service for customers with insufficient funds in their Telebirr accounts.

Sanduq: This savings product offers both interest-free and variable interest options.

Dashen Bank is crucial in empowering clients, advancing Ethiopia’s digital financial ecosystem, and fostering economic transformation by utilising telebirr.

Dashen Bank and Ethio Telecom jointly launch Zoorya

Last month, Techpression reported that Dashen Bank, Ethio Telecom, and ETTA Solutions jointly introduced “Zoorya,” a business automation solution that unifies cash register, point of sale, and enterprise resource planning (ERP) systems on a single platform.

The solution is designed for businesses in industries like manufacturing, retail, hospitality, and import/export.

Its goal is to significantly modernise service delivery, optimise business processes and workflows, enable data-driven decision-making, and improve overall customer satisfaction and experience.

The “Zoorya” solution creates a cashless society by facilitating quick business transactions, guaranteeing transparent operations, and enabling safe and contactless business transactions.

It is an Indigenous business solution created with local knowledge to suit Ethiopia’s business environment and is intended to contribute significantly to expanding the country’s digital economy.

Additionally, the “Zoorya” business solution offers a fiscal accounting service approved by the Ethiopian Ministry of Revenue and can accept all domestic and international cards.

It also allows businesses to easily manage their resources by providing a single, consolidated platform for resource management.

Tags: Dashen Bankdigital bankingEthio TelecomFinancial inclusionTelebirr
Oluwatosin Adeyemi

Oluwatosin Adeyemi

Oluwatosin Adeyemi is a seasoned writer with 5+ years of experience. He holds a degree in Animal Science from Olabisi Onabanjo University. A hardworking and creative individual with a passion for teamwork and self-improvement.

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