Dhaka, Sept. 7 -- Experts are calling to tackle regulatory, cybersecurity, and inclusion challenges as Bangladesh's fintech industry enters a transformative era. Driven by rapid growth in mobile financial services, the launch of digital banking, high reshaping payments, lending, and wealth management are contributing to shape Bangladesh cashless economy.

According to data highlighted by the Bangladesh Fintech Innovation Council (BFIC), with more than 500 startups now active across payments, lending, wealth management, and digital banking, Mobile Financial Services' transactions amounted to $158 billion (Tk 17.37 trillion) in 2024, according to Bangladesh Bank's figures. That reflected a 28 percent year-on-year increase from 2023. On aver...