Dhaka, March 23 -- The number of mobile financial service (MFS) accounts in platforms like bKash, Nagad, and Rocket soared by 20.18 million, or 9.21 per cent, in January compared with the same period last year.

As of January 2025, the total number of MFS accounts stood at 239.3 million, up from 219.12 million in January 2024, according to Bangladesh Bank data.

The total transaction volume through MFS platforms in January 2025 reached nearly Tk 1.72 trillion, marking a 32.56 percent rise from Tk 1.30 trillion in the same month of the previous year.

Mobile banking has brought revolutionary changes to the banking sector, enabling not only money transfers but also playing a crucial role in accelerating economic activities across the countr...