bKash
Information by Gloria Turner
bKash Limited, a subsidiary of BRAC Bank, launched its services in 2011 as a mobile financial service (MFS) provider in Bangladesh. Its mission is to broaden the reach of financial services, particularly for the unbanked and underbanked populations, by providing a convenient, affordable, and reliable platform for digital transactions. Major stakeholders include BRAC Bank, Money in Motion LLC, the International Finance Corporation (IFC), the Bill & Melinda Gates Foundation, and Ant Group. Through its mobile wallet, bKash enables millions of users to send and receive money, make payments to merchants, pay utility bills, recharge mobile balances, and access savings and digital loan products, significantly contributing to the country's financial inclusion and digital economy.
Bangladesh
Industry
- Electronic PaymentPRIMARY
Financial
HQ Location