Bangladeshi Startup SureCash gets US 7Million Funding

Dhaka, Bangladesh – The Osiris Group, an Asian frontier market investment firm, made a USD 7 million Series B fintech investment in SureCash Pte Ltd, a mobile banking and payment operator in Bangladesh. Earlier, SureCash received Series A investment from a group of Japanese investors specializing in the e-commerce industry. Founded in 2010 by Dr. Shahadat Khan, SureCash operates the most
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Telenor to Storm into Mobile Financial Services Sector

Telenor Group which owns the majority stakes in Bangladesh's largest telecommunication company Grameenphone, is aiming to get a stronger footing in the country's mobile financial services landscape. After telecommunications Telenor Group is aiming to become the regional market leader in the mobile financial service sector.

Tine Wollebekk, Telenor's Head of Financial Services said, "We have an ambition to become the market
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