-- bKash, Bangladesh’s largest mobile financial services provider, has achieved a significant milestone by processing 5.2% of global mobile money transactions in 2024, contributing to the country’s overall 8% share. This achievement positions Bangladesh as a major player in the worldwide mobile financial services ecosystem.
According to the 2025 State of the Industry Report on Mobile Money from the Groupe Spécial Mobile Association (GSMA) and bKash's financials from BRAC Bank's subsidiary annual report 2024, bKash’s extraordinary growth and influence in the mobile payments sector continues to drive global financial inclusion. Despite Bangladesh accounting for only 2.19% of the global population, its mobile financial services sector now represents 3.8% of the world’s mobile money users and 3.5% of global MFS agents.
bKash’s rapid growth is a testament to our commitment to making secure, accessible, and affordable financial services available to millions of people, particularly in rural areas where traditional banking services are limited,” according to bKash. “As we continue to innovate, our mission remains to empower individuals, locally and globally, with the financial tools they need to thrive.”
Key Achievements Driving Global Impact
As of 2024, bKash has significantly expanded its impact, with 82+ million verified customers. The company has built a robust network of 360,000+ agents and 1 million+ merchants across the country, facilitating seamless mobile transactions.
This growth is further highlighted by bKash’s role in processing 5.2% of global mobile money transactions, underscoring the company’s substantial share of the global mobile financial ecosystem. Notably, bKash continues to lead in the emerging markets of mobile savings, loans, and insurance, democratizing financial services in a country that was once underserved.
The latest innovation from bKash is the Monthly Deposit Premium Scheme (DPS), a service designed to bring savings to the masses, even for those without access to traditional banking services. In collaboration with leading institutions like BRAC Bank, IDLC Finance, and Dhaka Bank, bKash has introduced a simple and accessible way for individuals to save and build wealth.
Strengthening Bangladesh’s Global Position in Digital Financial Services
bKash’s success story is one of financial inclusion and technological advancement. While Bangladesh represents a small fraction of the world’s population, it punches above its weight in mobile financial services, with bKash leading the charge. The company’s market influence is far-reaching, not only in Bangladesh but also in driving global financial inclusion.
Furthermore, the company’s consistent commitment to innovation, as evidenced by its 2023 awards for “Best Digital Solutions” and “Best Innovation and Technology,” continues to set new industry standards for digital payments.
Innovations Driving the Future of Financial Services
Looking toward the future, bKash’s focus remains on innovation and expansion. The company plans to enhance its services, leveraging its strong technological foundation to drive further growth in mobile payments, savings, and insurance. The success of its monthly DPS service is just the beginning, as bKash continues to explore new solutions that will drive financial inclusion and empower millions of underserved individuals in Bangladesh and beyond.
About bKash Limited
Founded in 2011, bKash is Bangladesh’s largest provider of mobile financial services, offering a comprehensive range of services, including money transfers, savings, loans, and payments via mobile phones. With over 82 million verified customers and a network of more than 360,000 agents, bKash is a driving force in digital financial inclusion and innovation in Bangladesh.
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bKash Limited
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Website: bKash
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Name: bKash Limited
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Organization: bKash Limited
Website: https://www.bkash.com
Release ID: 89173554
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