Kamal Quadir
CEO, bKash, Former Founder, and CEO, Cellbazaar
For making financial technology available to the common people and most importantly, commoditizing trust. As Muhammad A. (Rumee) Ali says, “the most important contribution of bKash is not the technology or the scale it has achieved today but the trust it has been able to create among people in technology.
At an individual level, people have not interacted with technology in a way that required financial trust. bKash for the first time as a technology wanted ‘trust’ from its users and in most cases, people responded positively. It has created the basic infrastructure for FinTech and that is ‘trust’. That is why I do not see bKash as a delivery channel rather it is something more. It has in a way changed the trust infrastructure of financial services and paved the path for fin-tech products.”
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