Bangladesh news and trends

Bangladesh’s The Social Loan Company Expands to Nigeria
Fintech Investments // October 31, 2022

The Social Loan Company (TSLC), a digital-first lender founded in Bangladesh, announced Monday (Oct. 31) that it is launching its platform in Africa for the first time thanks to two partnerships in Nigeria. The African expansion will see TSLC apply its artificial intelligence (AI) and...

FinTech Think Big Solutions Offers TREDX Digital Factoring Platform
B2B Payments // July 31, 2022

Bangladesh-based FinTech Think Big Solutions now offers a digital factoring platform to provide financing solutions for smaller businesses, a news report said Sunday (July 31). TREDX aims to unite small businesses, financial institutions (FIs), corporations and suppliers to create an online marketplace, TREDXonline, for digital...

Bangladesh’s BRAC Bank Offers Real-Time Cash Deposits
Cash // May 08, 2022

BRAC Bank has debuted its Real-Time Cash Deposit Machine to let customers deposit cash any time, a company press release says. This will reflect “instantly” in their accounts. The report says this machine lets customers instantly deposit cash to BRAC Bank accounts, making it possible...

Bangladesh’s Jarafa Launches eCommerce Marketplace
eCommerce // April 18, 2022

Jarafa has launched its reseller and wholesaler marketplace, the Bangladesh eCommerce company said in a news release Monday (April 18). The company says the platform is open to both B2B and B2C customers, letting people communicate and buy and sell products from anywhere in the...

Interviews & Exclusives
SWIFT On Cybercrime’s Evolution Post-Bangladesh Bank Heist

April 11, 2019
Three years after fraudsters made off with $101 million from a Bangladesh bank, cyber threats have evolved, according to a new report by SWIFT.  The bad guys wait quietly for weeks and months and then strike. They're also trying to sneak under the radar with lower-value transactions, according to the findings

SWIFT Too Slow On Security Risks?

August 18, 2016
Small banks may have proven to be a security risk for SWIFT, but a new report quotes current and former executives who say too little was done too late, despite...

Quick Reads
ShopUp Raises $30M to Streamline B2B Commerce in Bangladesh

February 02, 2023
ShopUp has raised $30 million to expand its B2B commerce platform in Bangladesh. The firm will use the new debt financing to build supply chain infrastructure and expand the financial services it offers to small- to medium-sized businesses (SMBs), ShopUp said in a Thursday (Feb. 2) press release. “The new debt facilities will help us […]

Bangladesh’s The Social Loan Company Expands to Nigeria

October 31, 2022
The Social Loan Company (TSLC), a digital-first lender founded in Bangladesh, announced Monday (Oct. 31) that it is launching its platform in Africa for the first time thanks to two...

Bangladesh’s BRAC Bank Offers Real-Time Cash Deposits

May 08, 2022
BRAC Bank has debuted its Real-Time Cash Deposit Machine to let customers deposit cash any time, a company press release says. This will reflect “instantly” in their accounts. The report...

MoneyGram, bKash to Enable Real-Time Payments for 55M Users

November 18, 2021
Digital P2P payments provider MoneyGram International, Inc. has integrated with Bangladesh mobile financial service bKash to enable more than 55 million bKash users to receive funds in real-time from around...