Dhaka, March 17 -- Prime Bank FinTech Limited, a subsidiary of Prime Bank PLC., has been awarded a license to operate Mobile Financial Services (MFS) in the country.

This enables Prime Bank FinTech Ltd. to formally launch its own brand of MFS services in Bangladesh, according to a media release.

With this regulatory approval, Prime Bank FinTech Limited is set to reshape the country's digital financial ecosystem by addressing the vast untapped spaces. The goal is to move beyond traditional competition and foster a collaborative market environment that prioritizes financial literacy and inclusive growth, the release says.

Prime Bank FinTech Limited will operate its Mobile Financial Services under a dedicated brand identity, according to ...