Strategy Note /
BangladeshMobile money: bKash moves into profit as scale and strategic shift pay dividends
Bangladesh’s leading mobile money platform, bKash, posted a quarterly pre-tax profit for the first time in over 3 years
Investment to acquire merchants and boost e-wallet use has depressed profitability but the long-term strategy is sound
Digital payments has lots of growth potential in Bangladesh. bKash is well-placed to build scale and boost margins
Rahul Shah
Head of Corporate & Thematic Research @ Tellimer Research
Rohit Kumar
Global Financials/Thematics @ Tellimer Research
19 August 2022
Published byTellimer Research
