Druto Fintech Limited, a Bangladeshi fintech startup, has recently secured USD 1,25,000 in a pre-seed funding round. The investment comes from both local and foreign backers such as Ridwan Hafiz, CEO of GoZayaan, and Razy Shah, co-founder of Singapore's 2Stallions Digital Marketing Agency, as well as other investors.
Fintech is a buzz word or a disruption or an innovation in this transforming world. We have always seen such debate among different types of experts or colleagues from financial industries at home and abroad. But we can’t ignore its rapid disruption towards financial inclusion and growth.
The financial industry has undergone several changes in recent years: the emergence of new technologies, the entry of fintechs, and the transition from a physical branch-based business model to an increasing reliance on digital services. These trends can foster competition and the democratisation of financial services.
Pathao, the country’s leading digital services platform, yesterday received the payment service provider (PSP) licence, becoming the first consumer-focused brand to obtain such approval from the Bangladesh Bank
The global fintech boom has spread to the insurance industry, as new, disruptive “insurtech” companies rapidly innovate business models that are challenging industry norms.
With the evolving time, banks have made some progress with regard to their technology and are trying to provide faster and better services to customers. However, these services are comparatively beneficial to a certain percentage of people from the urban areas.
Druto Fintech Limited, a Bangladeshi fintech startup, has recently secured USD 1,25,000 in a pre-seed funding round. The investment comes from both local and foreign backers such as Ridwan Hafiz, CEO of GoZayaan, and Razy Shah, co-founder of Singapore's 2Stallions Digital Marketing Agency, as well as other investors.
Fintech is a buzz word or a disruption or an innovation in this transforming world. We have always seen such debate among different types of experts or colleagues from financial industries at home and abroad. But we can’t ignore its rapid disruption towards financial inclusion and growth.
The financial industry has undergone several changes in recent years: the emergence of new technologies, the entry of fintechs, and the transition from a physical branch-based business model to an increasing reliance on digital services. These trends can foster competition and the democratisation of financial services.
Pathao, the country’s leading digital services platform, yesterday received the payment service provider (PSP) licence, becoming the first consumer-focused brand to obtain such approval from the Bangladesh Bank
The global fintech boom has spread to the insurance industry, as new, disruptive “insurtech” companies rapidly innovate business models that are challenging industry norms.
With the evolving time, banks have made some progress with regard to their technology and are trying to provide faster and better services to customers. However, these services are comparatively beneficial to a certain percentage of people from the urban areas.