New Fintech Udyog Lenden (BD) Limited received a no-objection letter from Bangladesh Bank on 02 October 2022. The company started working with the aim of achieving financial inclusion in Bangladesh. It will operate White Label ATM and Merchant Acquirer (WLAMA) network across Bangladesh as a payment system operator.
The officials of Bangladesh Bank’s Payment System Department handed over the no-objection letter to the Chairman Sajidur Rahman and Managing Director Rezwan Siddiqui of Lenden Limited.
Mr. Sajidur Rahman said, ‘In view of Digital Bangladesh, we are now working for Smart Bangladesh. We have started working to advance the fintech revolution in the socio-economic development of the country. Our aim is to enhance the efforts of greater financial inclusion of the common man by creating an effective position in the payment system.’
Lenden will provide ATM, POS and QR-based services under its own banner by supporting transactions from cards of all banks in the country.
More:
