Home Top Movers Veon Inc. (VEON) stock surged during pre-market trading session. Here’s what you...

Veon Inc. (VEON) stock surged during pre-market trading session. Here’s what you should know?

Veon Inc. (NASDAQ: VEON) stock declined by 3.24% at the last close whereas the VEON stock gains by 0.56% in the pre-market trading session. VEON is a global supplier of connection and digital services with NASDAQ and Euronext Amsterdam listings that serves nine states with a total of 9% of the global population. In some of the world’s fastest-growing emerging nations, VEON’s firms are redefining lifestyles via technology-driven services that enable opportunity.

Get the hottest stocks to trade every day before the market opens 100% ‎free. Click here now. 

What is happening?

Beeline, VEON’s operational business in Kazakhstan, has created the region’s first online payment card, which is connected with its mobile financial services.

5 Stocks Under $10 That Are Poised to Take Off

Investing in stocks under $10 could significantly increase the returns on your portfolio, especially if you pick the right stocks! Within this report you will find 5 top stocks that offer investors huge upside potential and the best bang for their buck.

Add them to your watchlist before they take off!

Get the Top 5 Stocks Now!

Sponsored

Read More

The Beeline Kazakhstan digital payment card, which is offered under the ‘Simply’ brand, is a mobile money service app that is connected to a client’s mobile number, an electronic wallet, and a premium digital Visa Platinum card. The card is also compatible with Apple Pay, Samsung Pay, and Garmin Pay, which are all digital wallets.

Kaan Terzioglu, CEO of VEON Group stated,

Mobile financial services are a critical strategy for VEON’s growth prospects, and it is particularly well-suited to the countries VEON serves, where financial inclusion is still low. VEON has built financial services and e-commerce firms in Pakistan due to mobile operations, and Beeline is now unveiling a similar strategy in Kazakhstan.

However,

Evgeny Nastradin, CEO of Beeline Kazakhstan commented,

Beeline is continuing to invest in their 4G high-speed data networks, which now reach 77% of the people. Promoting digital transformation in the country is a top priority, and one in every two Beeline customers now uses our 4G services, with the figure steadily increasing. Beeline Kazakhstan is entering a new area, ushering in a new age of mobile financial services in Kazakhstan, where 40% of the population is now unbanked.  Beeline is introducing a next-generation service that they believe is the first of its kind on the market and is aimed to increase access to financial services.

Get the hottest stocks to trade every day before the market opens 100% ‎free. Click here now. 

The news comes after VEON’s success in launching mobile financial services apps in other operational areas, including Pakistan’s JazzCash, which has over 14 million users.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Must Read

Aprea Therapeutics Inc. (APRE) stock soars during current market trading. What’s the update?

Aprea Therapeutics Inc. (NASDAQ: APRE) stock gained by 41.03% at the last check in the current market trading. Aprea Therapeutics is a pharmaceutical business...

Roblox Corp. (NASDAQ: RBLX) stock falls during pre-market trading session. What’s happening?

Roblox Corp. (NASDAQ: RBLX) stock gained by 2.28% at last close while the RBLX stock price declines by 8.13% in the pre-market trading session....

Can-Fite BioPharma Inc. (CANF) stock soars during current market. Why so?

Can-Fite BioPharma Inc. (NASDAQ: CANF) stock gained by 4.42% in the current market trading session. Can-Fite BioPharma Ltd. is a medication research company in...

UXIN stock surges during current market. Here’s to know why?

Uxin Ltd. (NASDAQ: UXIN) stock gains by 14.67% at last check during current market trading. In China, Uxin Limited is a prominent online used...

Opgen Inc. (OPGN) stock surged during pre-market session. What’s driving it high?

Opgen Inc. (NASDAQ: OPGN) stock declined by 1.84% at the last close whereas the OPGN stock price gains by 22.07% in the pre-market trading...

Aprea Therapeutics Inc. (APRE) stock soars during current market trading. What’s the update?

Aprea Therapeutics Inc. (NASDAQ: APRE) stock gained by 41.03% at the last check in the current market trading. Aprea Therapeutics is a pharmaceutical business...

TAL Education Group (TAL) stock is tumbling today: What’s Going on?

Shares of the TAL Education Group (TAL) stock were tumbling in the current market trading session today on June 16, 2021, without any obvious...

SPI Energy Inc. (SPI) stock surged in the current market trading. Here’s the update

SPI Energy Inc. (NASDAQ: SPI) stock soars by 15.42% during the current market trading session. SPI Energy is an international renewable energy company that...

Related News

Applied UV, Inc. (AUVI) stock is Popping High today: Here’s to know why

Applied UV, Inc. (AUVI) stock announced today that its SteriLumen Lumicide™ Ribbon which is its proprietary connected UVC disinfection platform for surface disinfection can...

TAL Education Group (TAL) stock is tumbling today: What’s Going on?

Shares of the TAL Education Group (TAL) stock were tumbling in the current market trading session today on June 16, 2021, without any obvious...

Why Kindred Biosciences, Inc. (KIN) stock is soaring today?

Shares of the Kindred Biosciences, Inc. (KIN) stock continuing the rising trend in pre-market today on June 16, 2021, following the announcement of the...

Ampio Pharmaceuticals Inc. (AMPE) stock fell during pre-market trading. Here’s to know why?

Ampio Pharmaceuticals Inc. (NASDAQ: AMPE) stock gained by 4.71% at last close whereas the AMPE stock price declines by 2.65% in the pre-market trading...

Aptinyx Inc. (APTX) stock fell during after-hour. Here’s to know why?

Aptinyx Inc. (NASDAQ: APTX) stock declined by 0.29% at last close while the APTX stock price has been observed falling more during the after-hour...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

We do not sell or share your information with anyone.

Get Notified Of Insider Trades, Analyst Upgrades & Downgrades, Earnings Updates & Best Stocks To Trade Every Single Morning

100% free. stop anytime no spam