Veon-owned telecom operator Banglalink has received regulatory clearance from Bangladesh Bank to operate as a digital payment service provider, marking a significant step in its expansion into digital financial services. The approval enables Banglalink to offer regulated money transfer and payment solutions, helping broaden access to formal financial tools across the country.
Following the clearance, Banglalink is working closely with Bangladesh Bank and partner institutions to complete operational and technical preparations ahead of a commercial rollout. The company aims to integrate everyday financial services directly into the mobile experience, reducing friction and lowering access barriers for users.
At launch, Banglalink’s digital payment services will include instant person-to-person transfers, remittances, utility and government bill payments, merchant and e-commerce transactions, as well as salary and disbursement services. In later phases, the platform is expected to support additional use cases such as micro-savings and insurance premium payments.
Banglalink highlighted that financial inclusion remains a major opportunity in Bangladesh, with government data showing that around 72% of the population was still outside the traditional banking system at the end of 2023. The company also plans to leverage Veon’s broader digital financial services experience across multiple markets, where its platforms collectively served more than 42 million monthly active users as of September 2025.
The regulatory approval aligns with Veon’s DO1440 strategy, which focuses on delivering relevant digital services throughout customers’ daily lives and supporting the growth of Bangladesh’s digital economy.
