At MWC Barcelona 2025, bKash and Huawei were awarded the GSMA GLOMO “Best FinTech Innovation” for their groundbreaking digital loan solution, the ‘Pay Later’ service, which provides microloans to unbanked users in Bangladesh. This innovative financial technology aims to address short-term financial gaps, particularly benefiting underserved groups such as rural women and small businesses.
Since its launch in 2018, bKash has expanded financial access to 61% of Bangladeshi adults. However, many still rely on high-interest informal loans due to limited access to formal banking services. In response, bKash, in partnership with Huawei, introduced the “Pay Later” service, offering instant, paperless microloans through a seamless digital platform. This service helps users manage urgent expenses, secure working capital, reduce poverty, and promote local e-commerce growth.
Mohammad Azmal Huda, Chief Product and Technology Officer of bKash, emphasized the scalable capabilities of Huawei’s mobile money platform in expanding financial services. The initiative has empowered millions, advancing financial inclusion across Bangladesh.
Maurice Ma, President of Huawei’s Software Business Unit, expressed the company’s commitment to investing in product innovation and creating commercial and social value for customers globally.
Huawei’s Mobile Money solution, which has benefitted 480 million users in over 40 countries, ensures platform reliability, scalability, and enables agile financial risk assessments. The platform’s openness supports business innovation and the development of digital financial services worldwide.
The award was presented at MWC Barcelona 2025, where Huawei showcased its latest products and solutions, driving forward the transition to an intelligent world with the acceleration of commercial 5G-Advanced deployment and AI integration.
