VEON’s Banglalink Launches Mukto Pay, Expanding Digital Financial Services in Bangladesh
Key Highlights
- ➤Mukto Pay launches in Bangladesh, serving customers across mobile operators
- ➤Mukto Pay enables payments at more than 9,500 merchants
- ➤VEON commits USD 250 million toward Bangladesh investment initiative
- ➤Bangladesh becomes VEON’s fourth digital financial services market
- ➤VEON financial services platforms served approximately 59 million active customers in Q2 2026
Expert Statements
Kaan Terzioglu, Group Chief Executive Officer of VEON
“Mukto Pay reflects our long-term commitment to Bangladesh, putting digital financial services directly into the hands of customers and businesses. We have seen across our markets that connectivity creates the foundation, but lasting impact comes from building services around the way people live, work and transact. We are bringing that experience to Bangladesh, combining global technology and financial services expertise with Banglalink’s local reach and understanding of its customers”
Johan Buse, Chief Executive Officer of Banglalink
“With Mukto Pay, Banglalink is extending its reach beyond connectivity into everyday financial transactions. Mukto Pay gives individuals, merchants and businesses a way to participate in the digital economy, whether they use a smartphone or a basic mobile phone. This is a foundation on which we can continue to build a much broader set of digital financial services for Bangladesh”
New digital payments platform brings everyday payments to customers and merchants across Bangladesh, with interoperable Bangla QR to follow
New York, Dubai and Dhaka, November 04, 2026: VEON Ltd. (NASDAQ: VEON), a global digital operator, today announced the commercial launch of Mukto Pay, a digital payments platform powered by its Bangladesh operating company, Banglalink. The launch follows the Payment Service Provider (PSP) licence Banglalink received from Bangladesh Bank, the central bank of Bangladesh, in August 2026, and brings VEON’s digital financial services experience to Bangladesh, deepening its investment in the country’s digital economy.
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