Simpaisa has acquired Bangladeshi payment gateway aamarPay and invested nearly $1 million to expand digital payment services in the country, marking a new foreign fintech investment in Bangladesh’s Payment System Operator (PSO) sector.
The announcement was made during the “Ramadan Serenity 2026” event held on March 12 at the Radisson Blu Water Garden Hotel in Dhaka.
According to the company, the investment will help aamarPay strengthen its technological capabilities, expand its services, and enhance the country’s digital payment infrastructure.
The partnership is expected to contribute to financial inclusion and accelerate innovation across Bangladesh’s rapidly evolving fintech ecosystem.
Yassir Pasha, Global CEO of Simpaisa, said the collaboration aims to improve payment solutions for both individuals and businesses while supporting the development of cross-border payment capabilities.
“Through our collaboration with aamarPay, we aim to enhance payment solutions for individuals and businesses across Bangladesh, strengthen the country’s financial infrastructure, and enable cross-border payments. This partnership will spur growth, advancing our commitment to financial inclusion and economic development,” he said.
The event was attended by Sanjana Farid, Country Manager for Bangladesh and Nepal at Simpaisa and Chief Executive Officer of aamarPay, as well as A. M. Ishtiaque Sarwar, Managing Director of aamarPay.
Simpaisa provides a range of digital financial services including payment acquiring, disbursement solutions, and remittance services.
Founded in 2015, aamarPay operates as a digital payment gateway that enables businesses in Bangladesh to accept payments through local and international cards, mobile financial services, and digital wallets. The company operates under a Payment System Operator licence from Bangladesh Bank and maintains PCI-DSS compliance.
