VEON's Banglalink Receives Bangladesh Bank Approval to Launch Digital Payment Service Mukto Pay

Banglalink targets September 2026 commercial launch as new licence advances VEON's digital financial services ambitions

Dubai, Dhaka, and New York, August 12, 2026: VEON Ltd. (NASDAQ: VEON) today announced that its Bangladesh operating company Banglalink has received a Payment Service Provider (PSP) licence from Bangladesh Bank, the central bank of Bangladesh, paving the way for its entry into the country's digital payments market. Banglalink will launch its digital payment services under the brand Mukto Pay, a fully owned Banglalink service designed to provide customers with simple, secure and accessible digital payment solutions. The name "Mukto," meaning "freedom" in Bengali, reflects Banglalink's vision of broadening access to financial services.