History of bKash

2011 2023

2011

Official Launch of bKash | Launch of bKash Services on Robi Network

2012

2 million+ registered Customers | ATM Cash Out launched with BRAC Bank

2013

Nationwide 50,000 Agent points | 10 million registered Customer

2014

Received “The Global Brand Excellence Award” & “The Manthan Award”

2015

20M registered Customers | Received mBillionth Award

2016

Recognition of no. 1 MFS in the world | Launch of Remittance

2017

23rd in Fortune's Top 50 'Change the World' List | 30M+ Customers

2018

Launch of bKash App | Best Brand Award in MFS Category

2019

Most Loved Brands Award | Launch of bKash NEXT App

2020

Overall Best Brand award | No.1 Mobile Financial Services Brand

2021

No 1 Employer of Choice in Bangladesh

2022 Achievements

2022

Best Brand Award for the 4th time | Highest VAT Payer Award*

2023 Achievements

2023

7 crore customers| FinTech Pioneer Award

The bKash Story

‘bKash’ is a word that resonates with development, people’s prosperity, and social growth. Since its inception in 2011, bKash has become an integral part of the lives of millions today. Through fast, easy, and secure digital transactions, it has become a member of every household in Bangladesh, and the word ‘bKash’ has become a verb. People now say ‘bKash koro (me)’ instead of ‘send me money’. Catering to people’s daily transactional needs, it is empowering them to fulfill their dreams as well as taking the country forward.

Financial inclusion is in the DNA of bKash. Driving technological innovation and keeping compliance in all its dealings, the company has been bringing a wide range of services to empower customers and bring freedom in their financial transactions. Over the years, bKash has built a robust network of nearly 330,000 agents and 550,000 merchants across the country. bKash also integrated with banks, financial institutions and service providers to strengthen the cashless digital financial ecosystem of the country. As a result, bKash is now a trusted platform with a large customer base of more than 70 million.

bKash, a joint venture of BRAC Bank, US based Money in Motion LLC, International Finance Corporation of the World Bank Group, Bill and Melinda Gates Foundation, Ant Group, and SoftBank Vision Fund, operates under the regulation of Bangladesh Bank.

With its exponential growth, bKash has been recognized globally and locally. In 2023, Prime Minister Sheikh Hasina handed over the ‘Fintech Pioneer Award’ to bKash at the Bangladesh Startup Summit-2023 for playing a pioneering role in Bangladesh’s fintech sector. The National Board of Revenue recognized bKash as the highest Value Added Tax (VAT) Payer in the *service sector for fiscal year 2020-2021. bKash has been awarded as the country’s Best Brand for five consecutive years in 2019, 2020, 2021, 2022 and 2023 through consumer surveys by Bangladesh Brand Forum. It was ranked as the 23rd company in the annual list of Fortune Magazine’s ‘Change the World’ in 2017 among the top 50 companies across the world for making sustainable changes based on social issues. bKash also emerged as no. 1 ‘Employer of Choice’ among major multinational and local companies across all industries for three consecutive years in 2020, 2021 and 2022 by NielsenIQ’s Campus Track Survey B-School. And bKash has been honored as ‘Best Financial Institution of the year’ of 2021 for exemplary contribution to the country’s financial inclusion by ‘DHL-The Daily Star - Bangladesh Business Awards’. bKash has been honored as "Best for Digital Solutions in Bangladesh" in 2022 and 2023 consecutively by Asiamoney.

Partners

Brac bank
Money in motion LLC
International finance corporation
Bill & melinda gates foundation
Ant group
Soft bank

Board of Directors

Publications about bKash

bKash media releases on services, events, technology, achievements along with prominent media coverage on bKash’s contribution, exclusive interviews, columns, features, etc.

Corporate Social Responsibility of bKash

As a socially responsible MFS provider, bKash Limited is committed morally and remains engaged in sustainable CSR activities according to the regulatory guidelines with the ultimate achievement of financial inclusion.

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Compliance

bKash Limited is working closely with the regulator as well as other external stakeholders on relevant issues with a view to ensuring customer satisfaction and security of their funds while exploring new avenues of financial inclusion.

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