Huawei strengthens partnership with bKash in Bangladesh

By Leandra Monteiro

Huawei and bKash agreed to deepen their partnership in Bangladesh, to further drive financial inclusion and enable more people to participate in and benefit from the digital economy in the country.

bKash, Bangladesh’s mobile payment operator, provides mobile financial services to 68 million people. Huawei powers bKash’s services with its digital finance solutions.

Kamal Quadir, Founder and CEO of bKash said, “Financial inclusion and inclusive services have been part of bKash’s DNA since its inception in 2011. At the advent of the fourth industrial revolution, we are working tirelessly towards a digital financial ecosystem and becoming a Smart Nation. The joint effort of bKash and Huawei aims at driving financial inclusion and eliminating poverty for SDGs with innovative solutions.

Pan Junfeng, President, Huawei South Asia Region & CEO, Huawei Bangladesh said, “Since 2017, Huawei has been working closely with bKash in digitalizing its MFS with the leading Mobile Money platform. The platform offers services such as e-wallet and Nano-loan, bringing financial inclusion and innovation to local communities. Moving forward, we will continue to deepen our partnership to empower and enable more people in Bangladesh to seize the benefits of the digital economy for development. And I believe that our partnership will drive the growth of the digital economy in Bangladesh, setting a remarkable example to other EM countries in the region, when it comes to financial inclusion.

“SDG is the end goal, it is where we want to be in the 2030s. We are on the path and this Smart Fintech partnership is the vehicle that will drive us to get there,” said Susan Vize, Officer-in-Charge of the United Nations Educational, Scientific and Cultural Organization (UNESCO) Dhaka Office.