Published on 08:10 PM, August 01, 2019

Dmoney in APAC Business Magazine's top 10 wallets

Dmoney was co-founded by Sonia Bashir Kabir (R) and Aref Bashir. Photo: Dmoney

D Money Bangladesh Ltd today announced that APAC Business Headlines Magazine has named it among the “10 Most Convenient Wallets to watch in 2019”.

Dmoney is the only wallet from South Asia to make an entry to the top 10, according to a press release from Dmoney. 

APAC Business Headlines is a magazine that brings together CIOs, CXOs, and other technology decision makers to speak on the evolution of technology and industry trends.

This issue reviews the leaders in the Fin Tech Industry that are doing business in the APAC region.

The authors shed light on how these wallets are poised to evolve into fin tech companies with their domain-specific knowledge, sound marketing strategies, and innovative products. Among the listed companies, Dmoney has been named as one of the Leaders in the Fin Tech space.

APAC Business Headlines highlights the role Dmoney is playing to shift towards a digital Bangladesh. Dmoney was co-founded by Sonia Bashir Kabir, and Aref Bashir, both Silicon Valley returnees. The chairman of D Money is Anjan Chowdhury, also a renowned entrepreneur of the country.

Sonia is the Vice Chairman and co-founder of D Money. Besides winning the prestigious "Founders Award" in 2016 given by Bill Gates to 10 handpicked Microsoft employees every year among its 100,000 employees, Sonia was also recognized as one of the 10 Sustainable Development Pioneers globally in 2017 by the United Nations Global Compact.

She says, “'Digital inclusion (with payments as a common denominator) is a key to moving the status of a country from Least Developed Country (LDC) to the middle economy."

“We began our journey with the challenge of financial inclusion and realised that inclusion is a myopic view of the world. Either you are included or excluded. The real problem to solve is the challenge of building an “ecosystem” around homes/small and medium businesses and offer them all the products and services they need to operate effectively with productivity and succeed in their endeavors. Our business strategy is expanding from just financial inclusion to a digital ecosystem of financial well-being. The innovations we see around this ecosystem is what we are building in D Money. Watch out for D Money’s launch in September where we will share exciting and game changing tech disruptions,” she added.

Aref, the Managing Director and co-founder of Dmoney remarked, “Bangladesh is a large market that is underserved. Digital Lifestyle and Financial Services is the need of the hour. Dmoney aims to rise to the challenge and fulfill this demand.”

Under the leadership of Sonia and Aref, Dmoney has gained recognition globally and forming astounding partnerships to create a benchmark in digital financial services in Bangladesh, the release added.