bKash and Huawei Win GSMA GLOMO “Best FinTech Innovation” Award
During MWC Barcelona 2025, bKash and Huawei were awarded the GSMA GLOMO "Best FinTech Innovation" for digital loan solution for all. This award recognizes groundbreaking advancements in financial technology that are transforming the way people and businesses manage, access, and utilize financial services. bKash and Huawei pioneered the ‘Pay Later’ service in Bangladesh, providing short-term microloans to unbanked users, helping them address short-term financial gaps in daily expenses.
Since its launch in 2018, bKash has expanded financial access to 61% of Bangladeshi adults, However, 37% of citizens still rely on high-interest informal lenders for urgent needs, while only 9% of adults have access to formal banking services. To address this, Huawei partnered with bKash to introduce the "...