About bKash
bKash is a company based in Dhaka (Bangladesh) founded in 2011.. bKash has raised $261 million across 5 funding rounds from investors including International Finance Corporation, Gates Foundation and SoftBank Vision Fund. bKash operates in a competitive market with competitors including Paytm, MoneyGram, Skrill, Nagad and CarePay, among others.
- Headquarter Dhaka, Bangladesh
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$261 M (USD)
in 5 rounds
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Latest Funding Round
$250 M (USD), Series C
Nov 14, 2021
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Investors
International Finance Corporation
& 3 more
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Employee Count
Employee Count
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Funding Insights of bKash
bKash has successfully raised a total of $261M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $250 million completed in November 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series C — $250.0M
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2021 | Amount | Series C - bKash | Valuation | SoftBank Vision Fund |
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| Apr, 2018 | Amount | Series B - bKash | Valuation | Alipay |
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| Jan, 2014 | Amount | Series A - bKash | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in bKash
bKash has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include International Finance Corporation, Gates Foundation and SoftBank Vision Fund. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investments in technology and startups.
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Founded Year | Domain | Location | |
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IFC is focused on private sector development in emerging markets.
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Founded Year | Domain | Location | |
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A digital payment platform operated for transaction facilitation.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by bKash
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - bKash
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Bkash Comparisons
Competitors of bKash
bKash operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Paytm, MoneyGram, Skrill, Nagad and CarePay, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Digital payments, financial services, and e-commerce platforms are provided.
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| domain | founded_year | HQ Location |
Cross-border payments are enabled via wallet solutions for consumers.
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| domain | founded_year | HQ Location |
Online payments and digital wallet services are facilitated internationally.
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| domain | founded_year | HQ Location |
Developer of a digital banking solution for businesses
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| domain | founded_year | HQ Location |
Provider of a health insurance platform for global insurers
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Bkash
Frequently Asked Questions about bKash
When was bKash founded?
bKash was founded in 2011.
Where is bKash located?
bKash is headquartered in Dhaka, Bangladesh.
Who is the current CEO of bKash?
Kamal Quadir is the current CEO of bKash.
Is bKash a funded company?
bKash is a funded company, having raised a total of $261M across 5 funding rounds to date. The company's 1st funding round was a Series A of $11M, raised on Jun 01, 2010.
What does bKash do?
bKash was established in 2011 in Dhaka, Bangladesh, within the fintech sector. Operations focus on mobile-based financial services, including money transfers between accounts, mobile phone recharges, and utility bill payments. Transactions are initiated by dialing a designated number or using dedicated applications available on Android and iOS platforms. The service supports consumer payments across the region.
Who are bKash's investors?
bKash has 4 investors. Key investors include International Finance Corporation, Gates Foundation, SoftBank Vision Fund, and Alipay.
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