Veon’s Banglalink secures licence to launch payment app in Bangladesh
Banglalink, Veon’s Bangladesh unit, received a Payment Service Provider licence from Bangladesh Bank to launch “Mukto Pay.” The app is slated for full commercial operations next month, pending remaining regulatory and technical steps. Mukto Pay will cover transfers, merchant and e-commerce payments, bill payments, and disbursements. Veon also said it plans $250m investment and applied for a digital bank licence.



