bKash, the leading mobile financial service (MFS) provider in Bangladesh, has joined hands with Grameenphone and City Bank to make 4G and 5G enabled smartphones more affordable for their clients.
Mobile financial service provider bKash logged a profit of Tk 103.9 crore in 2023, up by a massive 504 percent year-on-year
bKash has reportedly retrieved mistakenly sent BDT 50 coupons from users, as detailed in posts circulating on Facebook. Several users shared screenshots from 'bKashNotice', alleging that bKash had erroneously distributed BDT 50 coupons, only to retract them subsequently.
Subject to eligibility, customers can instantly borrow Tk 500 to Tk 30,000 to directly buy a product or service. No interest will be imposed if the loan is repaid within seven days.
City Bank and bKash today jointly launched the new service “Pay-Later”, a special collateral-free digital nano loan that facilitates payments with interest-free funds through the bKash app
Integrating digital payments in the microfinance sector can save work hours, enhance productivity, and simplify instalment and deposit collection, experts said at a seminar.
Dhaka Bank has signed an agreement with bKash to provide 24/7 cash management services to the distributors, agents and merchants of the mobile financial service (MFS) provider.
"Bebshar Poristhiti" remains etched in everyone's memory as it catapulted Aly Hasan to overnight fame. Since then, he has consistently used his talent to sing songs that can create awareness.
Three each from manufacturing, trading and services sectors
The Directorate of Primary Education has proposed that stipends for school students be disbursed only through Nagad, a mobile-banking service.
The Bangladeshi startup ecosystem has seen remarkable growth in the past few years with approximately 1,200 active startups across sectors, including fintech, logistics, healthcare, tourism, agriculture and education. In fact, startups like ShopUp, bKash, Pathao, Chaldal, Maya, Shajgoj, and iFarmer have innovated new products and processes to transform the market and have attracted millions of dollars in foreign investments for Bangladesh along with creating thousands of new jobs.
Leading mobile financial service provider bKash has been honoured by the National Board of Revenue (NBR) as the highest value-added tax (VAT) payer in the services sector at the national level for fiscal year 2020-21.
Mohammad Azmal Huda, chief product and technology officer of bKash, won the “Chief Technology Officer of the Year” award for his significant contribution in enabling people with digital transactions through fintech innovations at the “Bangladesh C-Suite Awards 2022” in Dhaka recently.
Users of a mobile financial service (MFS) provider can now transfer money to their counterparts registered with other operators and banks as interoperability among the financial service providers comes into a reality today.
Kamal Quadir founded bKash in 2010, as a subsidiary of Brac Bank, with just 37 employees. Under his leadership, bKash has now grown to be one of the top fintech companies in Bangladesh with a workforce of more than 1,700 employees and 300,000 agents.
Under the ‘Smart Bangladesh, Smart Haat’ initiative taken by Bangladesh Bank and Dhaka North City Corporation, bKash payment facilities will be available for purchasing sacrificial animals at cattle markets in Gabtoli, Basila, Aftabnagar, Vatara, Kawla and Uttara Sector 17.
Losses of bKash, a subsidiary of Brac Bank, widened by 83 per cent year-on-year in 2021, even though its revenue rose by 21 per cent, for incurring higher costs on training, investment and waivers on the charge to send money.
Standard Chartered Bank, in partnership with bKash of Bangladesh and Valyou of Malaysia, today announced the launch of the first blockchain-based cross-border remittance service in Bangladesh, facilitating instant transfers from Malaysia.
bKash is offering 20 percent instant cash back to its customers on shopping, at certain outlets on the occasion of Eid-ul- Azha. The offer (valid till the Eid-ul-Azha day) is available at 1344 outlets of 50 leading brands in fashion, footwear, e-commerce and super shops.