Announced
Financials
Sources
Tags
Single Bidder
Cross Border
Bangladesh
Acquisition
mobile finance
Pending
Friendly
Minority
FinTech
Private
Synopsis
Japanese multinational conglomerate SoftBank agreed to acquire a 20% stake in bKash, one the largest mobile financial service providers in Bangladesh. Financial terms were not disclosed. "This latest investment round validates our dedication and relentless efforts over the last ten years and places its trust on the potential of a well-regulated fintech space," Kamal Quadir, bKash Founder and CEO.
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