Mobile financial services (MFS) have become Bangladesh’s fast lane to financial inclusion and economic mobility.
It has been more than a decade since services like Rocket, bKash and Nagad started their journeys in Bangladesh to introduce digital and cashless transactions, easing the lives of normal people in the process.
With the rise of digital finance, BRAC Bank is creating a seamless ‘financial highway’ for everyone. Tareq Refat Ullah Khan, MD & CEO of BRAC Bank,
In Bangladesh’s rapidly evolving financial landscape, Dhaka Bank is embracing innovation by deeply integrating with Mobile Financial Service (MFS) platforms. A.K.M. Shahnawaj, Managing Director (Current Charge) of Dhaka Bank, discusses the bank’s forward-thinking strategies.
We live in a beautiful time. Want Biryani? Tap. Electricity bill at 2 AM? Tap. Sending money to Chittagong? Just tap and hold. MFS apps like bKash and Nagad have turned our phones into magic wands.
In the past, managing household finances often meant transparency. Cash exchanged hands, followed by questions and justifications.
Cash feels solid. You can hold it, count it, and tuck it away. Yet for millions of Bangladeshis, a small screen has quietly become more trustworthy than a hand-to-hand exchange. This trust didn’t spring from technology alone; it’s built on habit, repetition, and visibility.
Imagine falling in love with a gadget or expensive jewellery at a shop, and instead of digging into your pocket, you simply scan a QR code or tap a few buttons on your phone.