Wednesday, May 14, 2025 | 10:08 pm

bKash Earns Tk132 Crore Profit in Just 3 Months, Sees 88% Yearly Growth

bkash

In a remarkable start to the year, bKash, Bangladesh’s leading mobile financial service provider and a subsidiary of BRAC Bank, has posted a profit of Tk131.88 crore in the first three months of 2025  it reflecting an impressive 88% year-on-year growth.

According to its financial statement for the January–March quarter, bKash generated a net revenue of Tk1,637 crore, up 35% from the same period last year. The figures underline the company’s accelerating momentum as it continues to lead the country’s digital financial revolution.

This first-quarter performance follows a record-breaking year in 2024, when bKash surpassed Tk5,000 crore in revenue for the first time and posted an all-time high annual profit of Tk315.77 crore. The company’s steady financial growth and expanding customer base highlight its ability to scale sustainably in a competitive fintech landscape.

bKash’s business strategy is focused on expanding service offerings, enhancing user convenience, and investing in digital infrastructure  has paid off. With the increasing adoption of mobile banking services in both urban and rural areas, bKash has become a cornerstone of financial inclusion in Bangladesh.

bkash have Massive User Base and Agent Network

It has currently boasts a customer base of around eight crore users, making it one of the most widely used digital financial platforms in the country. Supporting this user network is a nationwide agent infrastructure of approximately 3.5 lakh agents, ensuring access to financial services even in remote areas.

These figures reflect not only it’s operational reach but also the growing public trust in digital transactions. As more people use their mobile phones for everything from daily payments to business transactions, bKash has positioned itself as the most accessible and secure option.

Read More: Jet Fuel prices Drops Marking a Bold Move for the Aviation Industry

Strong Ownership Backing
The ownership of bKash is shared by a mix of domestic and international stakeholders. BRAC Bank, one of Bangladesh’s most reputable financial institutions, holds a majority 51% stake in bKash. The remaining shares are held by:

  • Money in Motion LLC (USA) – 16.45%
  • Alipay Singapore E-Commerce – 14.87%
  • International Finance Corporation (IFC) – 10.36%
  • SVF II BEAM (DE) LLC – 7.32%

This diverse ownership not only provides strong financial backing but also brings global insights, innovation, and best practices into bKash’s operations.

Driving Bangladesh’s Digital Future

bKash’s consistent growth is more than just a business success story, it’s a reflection of Bangladesh’s ongoing digital transformation. From urban professionals to rural entrepreneurs, millions now depend on it for fast, reliable, and secure financial transactions.

Industry analysts note that  it is rise has played a critical role in driving the formalization of financial services and reducing reliance on cash-based systems. In doing so, the company has helped accelerate financial literacy and economic participation across all segments of society.

With a strong first quarter under its belt, bKash is expected to continue on its upward trajectory throughout 2025. The company’s roadmap includes further investment in innovation, improved digital security, and greater integration of services such as microfinance, savings, and insurance.

As Bangladesh continues to modernize its financial landscape it stands at the forefront  it is not just as a market leader but as a symbol of progress, inclusion, and trust.

Source: TBS

Share on Social Media

Leave a Comment

Your email address will not be published. Required fields are marked *

Update

Related Posts

Scroll to Top