VEON's Banglalink Receives Bangladesh Bank Approval to Launch Digital Payment Service Mukto Pay
VEON's subsidiary Banglalink received a Payment Service Provider licence from Bangladesh Bank to launch its digital payment service, Mukto Pay, targeting a commercial debut in September 2026. The launch supports a proposed public-private partnership where VEON committed an initial $250 million investment, aiming to help attract $1 billion in foreign direct investment to the country's digital infrastructure.
Key figures
- Target fdi
- $1 billion
- Q2 fs revenue
- $151 million
- Q2 digital revenue
- $342 million
- Fs active customers
- 59000000
- Banglalink ebitda yoy
- 13.6%
- Investment commitment
- $250 million
- Q2 digital revenue yoy
- 53.6%
- Banglalink revenue yoy bdt
- 4.1%
AI analysis
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