Friday, December 31, 2004

people of alibrac

Alipay the world's pioneer mobile cash system out of China and sister company of alibaba took 20% shareholding of bkash april 2018, bkash being developed with BRAC (the world's largest cashless bank)
family negotions on ownership were led by shameran abed on brac's side - commercial sides by the quadirs

Alipay is a third-party mobile and online payment platform, established in Hangzhou, China in February 2004 by Alibaba Group and its founder Jack Ma. Wikipedia

CEO of Ant FInancial
Eric jing  26 april 2018 Ant Financial CEO

we are extremely happy to have strategic partnership with bkash (BRAC Bangladesh)
ant’s financial vision to ring more equal opportunities for everyone involved
we have a shared vision with bkash as partner to work together to bring more
things to the people here in Bangladesh
over the last 14 years we have developed relevant technologies to provide financial inclusion example risk management financial cloud ai, digital payments last year we processes about 250 thousand mobile transaction per second- that’s a huge number

brac was founded by sir fazle abed in 1972; 
bkash was founded in 2010 by brac and the quadir brothers - out of bangladesh by kamal quadir , with coordination from iqbal quadir mit/legatum/finance in motion (with nick hughes project leader of mpesa Kenya)

later in tanzania brac was invoilved in gates foundation bot in brac tanzania and bates building of mpesa tanzania; gates foundation and others took some shares in bkash

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