BKash
BKash is Bangladesh's largest mobile financial services platform, providing digital payments, money transfers, remittances, savings, and merchant services to 82 million registered users domestically and from 170+ countries.
- Company typePrivate
- Founded2011
- HeadquartersDhaka, Bangladesh
- Headcount501–1,000
- GTM typeB2B and B2C
- OfferingServices
What BKash does
bKash is Bangladesh's largest mobile financial services (MFS) provider, operating a regulated digital payments and money-transfer platform that serves approximately 82 million registered users across the country (70 million per Axiata Group reporting). Founded in 2011 and majority-owned since 2014 by Malaysia's Axiata Group, bKash delivers person-to-person transfers, merchant payments, cash-in/cash-out through a 1.85-million-agent network, savings products such as a Tk 20,000 monthly Deposit Pension Scheme, lending facilitation, and government tax/VAT collection through a partnership with the National Board of Revenue. Cross-border remittances are received from 135 international money transfer operators across more than 170 countries and settled through 27 commercial banks.
The platform combines a self-serve mobile app (with NFC-based tap-to-pay QR codes, one-tap mobile recharge, bill pay, and DPS) with API integrations to banks including BRAC Bank, Prime Bank, Mercantile Bank, and Bank Asia, plus merchant integrations across telecom, cement, beverages, pharmaceuticals, healthcare (AKS Pharmacy), and agricultural machinery (Metal Motors). bKash processes approximately 8.61% of global daily mobile money transactions and operates under Bangladesh Bank as primary regulator. In 2025 it posted its highest-ever profit of Tk 676.33 crore (~$57-61M USD) while processing Tk 20,000 crore (~$1.7B) of remittances into 4.1 million accounts — nearly double the prior year.
bKash monetizes primarily through transaction fees on domestic transfers, merchant payment acceptance, and cross-border remittance settlement (all take-rate models), supplemented by promotional and lending-related flows. GTM is hybrid: community/agent-led for cash-in/cash-out reach, product-led via the mobile app, and API-first for bank and government integrations. In 2025 the company raised $250 million from SoftBank Vision Fund II and filed an application for a Bangladesh digital bank license, signaling a strategic move from wallet-led MFS toward full-stack digital banking.
BKash firmographics
Firmographics- Name
- BKash
- Legal name
- bKash Limited
- Website
- https://bkash.com
- Company type
- Private
- Founded year
- 2011
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- BKash is Bangladesh's largest mobile financial services platform, providing digital payments, money transfers, remittances, savings, and merchant services to 82 million registered users domestically and from 170+ countries.
- Ownership category
- akta.pro rank
BKash industry classification
Industry- Product category
- Mobile Financial Services
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- akta.pro primary industry
- Cash-in/Cash-out Agent Network Wallets (FSAMAEAJ)
- akta.pro secondary industries
- Mobile Wallets (NFC Tap-to-Pay / HCE) (FSAMAEAB), Multi-Currency Accounts, Wallets & IBAN Services (FSAMAIAG), Cross-Border B2B2C Payouts (Mass Payouts, Gig/Creator, Marketplace) (FSAGAKAC)
Keywords
Where BKash is headquartered
LocationHeadquarters
- HQ city
- Dhaka
- HQ country
- Bangladesh
- HQ region
- Asia
Offices1 record
Markets served
BKash business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Operations, Technology or R&D, Personnel, Marketing or Sales, Infrastructure
Revenue model
- Transaction and Transfer Fees: bKash generates revenue through transaction fees on money transfers, bill payments, and merchant transactions processed through its platform. The company reported its highest-ever profit of Tk 676.33 crore in 2025, indicating strong fee-based revenue growth.
- Cross-Border Remittance Services: bKash earns fees on international remittance transfers, enabling expatriates to send money directly to bKash wallets from 135 money transfer operators across 170+ countries. In 2025, Tk 20,000 crore in remittances were received through bKash.
- Merchant Payment Services: bKash generates revenue from merchant payment acceptance at retail outlets including pharmacies, restaurants, hotels, and e-commerce platforms through cashback incentives and transaction commissions.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Standard transaction fees for bKash payments at merchants |
| Transaction based/ take rate | Pay-as-you-go | Discount promotions for food and beverage payments |
| Transaction based/ take rate | Pay-as-you-go | Travel rewards and cashback campaign |
Go-to-market motion3 records
Distribution channels6 records
Marketing channels7 records
BKash product offering
Product offeringCore offering
BKash is a mobile financial services platform enabling digital payments, person-to-person money transfers, mobile recharge, bill payments, savings (DPS), merchant payments, and cross-border remittances through its mobile app, an agent network of 1.85 million touchpoints, and integrations with 135 international money transfer operators across 170+ countries. It serves 82 million registered users in Bangladesh and processes approximately 8.61% of global daily mobile money transactions.
Product overview
bKash is a unified mobile financial services platform offering a comprehensive suite of digital payment, money transfer, and financial inclusion services. The core bKash platform enables person-to-person transfers, merchant payments, cash-in/cash-out through an extensive agent network of over 1.85 million agents, and agent-to-merchant collection solutions. The platform supports cross-border remittances from 135 international money transfer operators across 170+ countries, settling through 27 commercial banks. Key features include NFC-based tap-to-pay QR codes, API integrations with banks for instant fund transfers, and partnerships across sectors including agriculture (Metal Motors), pharmaceuticals (AKS Pharmacy), and telecommunications (Banglalink).
Differentiator
Problem solved
Functional benefit
Products and services
- bKash Mobile Financial Services Platform
- NFC Tap-to-Pay
- Agent-to-Merchant Cash Collection Solution
- Monthly DPS (Deposit Pension Scheme)
- Cross-Border Remittance Service
Quantifiable outcome
- 82 million registered users served in Bangladesh
- +4 more outcomes
Companies that use BKash
Customer profileNamed customers8 records
Segments4 records
Ideal customer profiles5 records
BKash technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration7 records
AI capability2 records
Feature5 records
BKash partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- Metal Motors LimitedcorePartnership enabling farmers to purchase agricultural machinery on instalments with payments collected through bKash agent points across Bangladesh. Uses Agent-to-Merchant Cash Collection Solution that directly credits electronic payments to Metal Motors' account, reducing financial risks and improving transaction efficiency. Expands bKash services beyond telecom, cement, beverages, and pharmaceuticals into the agricultural machinery sector.
- BRAC Bank PLCcoreAPI integrations enabling instant 24/7 fund transfers between bank accounts and bKash wallets. BRAC Bank supports small merchants through Bangla QR and Merchant Gateway services, and offers 0% interest instalments up to 24 months on electronics and furniture.
- ACE Money TransfercoreRamadan incentive campaign for UK-based Bangladeshis transferring funds to Bangladesh through ACE's direct bKash wallet service. The initiative offers weekly draws throughout the holy month, leveraging ACE's FCA regulation in the UK and bKash's 82 million users in Bangladesh.
- AKS PharmacyminorPartnership enabling customers to purchase medicines from over 60 AKS Pharmacy outlets across Bangladesh using bKash payment with cashback offers of Tk 50 on minimum Tk 1,000 payments.
- Bangladesh BankcorebKash is Bangladesh's largest MFS provider operating under Bangladesh Bank regulation as the primary financial regulator. Bangladesh Bank is considering bKash's application for a digital bank license alongside other applicants including Robi and Akij.
- Gulf Exchange (Qatar)corePartnership to improve cross-border remittance services for Bangladeshi expatriates in Qatar. Qatar-based Bangladeshis can now send money directly to bKash wallets, making transfers faster, safer, and more accessible.
- National Board of Revenue (NBR)corePartnership for digital corporate tax and VAT payments through bKash platform. Two successful real-time transactions were completed via bKash as part of NBR's tax digitization initiative that aims to reduce approximately Tk 20,000 crore annually spent on currency printing.
- BanglalinkminorPartnership for stronger connections, data connectivity and enterprise ICT solutions between Banglalink and bKash.
Scale indicators10 records
Recent moves7 records
Expansion highlights6 records
BKash competitors and assessment
Company assessmentDirect peers
- M-Pesa (Safaricom / Vodacom): M-Pesa is the global benchmark mobile money platform, using an agent-based cash-in/out model to serve the unbanked in Kenya and across Africa. Highly comparable to bKash in core cash-in/cash-out agent wallet mechanics, financial-inclusion target segment, and remittance-led monetization.
- GCash (Mynt / Globe Telecom): GCash is the Philippines' dominant mobile wallet, operated inside a telco-led group (Globe). Closely comparable to bKash on telco-distributed adoption, cash-in/out agent network, QR/NFC tap-to-pay, and remittance use cases across overseas Filipino workers.
- Nagad: Nagad is a Bangladesh Post Office-backed mobile financial service directly competing with bKash domestically for cash-in/out agents, merchants, and government disbursements. Operates in the same market under the same Bangladesh Bank regulator with an overlapping underbanked customer segment.
- Rocket (Dutch-Bangla Bank): Rocket is the MFS product of Dutch-Bangla Bank in Bangladesh, one of bKash's main domestic competitors. Comparable on agent-led cash-in/out, bank-wallet integration, and Bangla QR-driven merchant payments in the same market.
- Easypaisa (Telenor Microfinance Bank): Easypaisa is Pakistan's leading mobile wallet and one of the largest agent-network MFS operators globally, with similar regulatory model under State Bank of Pakistan. Comparable to bKash in telco-distributed rollout, G2P flows, and underbanked market focus.
- Paytm (One97 Communications): Paytm is India's largest mobile wallet and payments platform combining wallet, QR, and merchant acquiring. Comparable to bKash on QR/tap-to-pay merchant acquisition, wallet interoperability with banks, and high-volume P2P transfers in a price-sensitive emerging market.
- OVO (Indonesia): OVO is one of Indonesia's leading e-wallets, deeply integrated with merchants, ride-hailing, and bank partners. Comparable to bKash on QR-based merchant payments, wallet-to-bank interoperability, and bank-led distribution partnerships.
- DANA (Indonesia): DANA is a major Indonesian e-wallet operated with Ant Group/Emtek backing, offering QR payments and agent-led cash-in/out. Comparable to bKash in QR-driven merchant volumes, agent-assisted top-ups, and broad mass-market positioning.
- Orange Money: Orange Money is Orange's pan-African mobile money service with large agent networks across multiple Francophone and Anglophone markets. Comparable to bKash on telco-distributed agent cash-in/out rails, cross-border remittances, and financial-inclusion mandates.
- MTN MoMo (MTN Group): MTN MoMo is MTN Group's mobile money wallet across Africa, ranking among the largest globally by active users. Comparable to bKash on telco-led mass-market distribution, agent-led cash-in/out, merchant payments, and remittance focus in emerging markets.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks5 records
Key highlights7 records
Customer concentration
BKash social profiles
Digital presenceBKash compliance and trust
Trust signalCompliance2 records
BKash financial estimates
Financial estimateRevenue estimate
Valuation estimate
BKash leadership team
Management profileNumber of profiles
Profiles2 records
BKash funding detail
Funding detailFunding overview
Funding rounds3 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
BKash M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about BKash
What does BKash do?
BKash is a mobile financial services platform enabling digital payments, person-to-person money transfers, mobile recharge, bill payments, savings (DPS), merchant payments, and cross-border remittances through its mobile app, an agent network of 1.85 million touchpoints, and integrations with 135 international money transfer operators across 170+ countries. It serves 82 million registered users in Bangladesh and processes approximately 8.61% of global daily mobile money transactions.
Is BKash a public or private company?
BKash is a private company. It is classified as corporate owned and is currently operating.
When was BKash founded?
BKash was founded in 2011. It employs 501 to 1,000 people.
Where is BKash based?
BKash is headquartered in Dhaka, Bangladesh, in the Asia region.
How does BKash make money?
Three revenue lines are on record. Transaction and Transfer Fees are the primary driver. The others are cross-Border Remittance Services and merchant Payment Services.
Who are BKash's main competitors?
Direct peers on record are M-Pesa (Safaricom / Vodacom), GCash (Mynt / Globe Telecom), Nagad, Rocket (Dutch-Bangla Bank), Easypaisa (Telenor Microfinance Bank), Paytm (One97 Communications), OVO (Indonesia), DANA (Indonesia), Orange Money and MTN MoMo (MTN Group).
Does BKash have an API?
Yes. BKash offers API integrations enabling instant 24/7 fund transfers between bank accounts and mobile wallets. BRAC Bank PLC has integrated with bKash via API for fund transfer services. The platform connects with 135 international money transfer operators across 170+ countries for cross-border remittance settlement through 27 commercial banks.
What industry is BKash in?
BKash's product category is Mobile Financial Services. Its primary akta.pro industry code is FSAMAEAJ, Cash-in/Cash-out Agent Network Wallets, with a secondary code of FSAMAEAB, Mobile Wallets (NFC Tap-to-Pay / HCE). Its NAICS code is 522320.