D Money Bangladesh Ltd has won the eASIA Gold Award 2019 presented by the Asia Pacific Council for Trade Facilitation and Electronic Business (AFACT) for digital transformation in the private sector.
The award was handed over at a ceremony which was attended by global FinTech experts, investors, CIOs, CXOs and other technology decision makers from Asia, at Swissotel in Bangkok, Thailand on Thursday.
The competition was held among Asian tech giants from 24 countries and companies or projects had to be less than 3 years old to compete.
A Bangladeshi company has won the first prize at the competition for the first time.
AFACT holds the eASIA awards with the aims of raising awareness of digital transformation, promoting the achievement of AFACT member countries or economies in the development of trade facilitation, electronic business policies and activities, and initiatives for bridging the digital divide in the Asia Pacific Region.
This year, the eASIA Awards were presented in four categories, namely Trade Facilitation and eCommerce; Digital Transformation (Public Sector); Digital Transformation (Private Sector); and Creating Inclusive Digital Opportunities. D Money won in the Digital Transformation (Private Sector) category for its innovation and contribution to the tech ecosystem in Bangladesh. The evaluation committee of the eAsia Awards 2019 comprised 13 members.
AFACT acknowledged D Money as a leading model, which has the potential to generate excellent outcomes and benefits in terms of collaboration and connection over the internet, social network, and the physical world within organizations across the ecosystem, as well as enable significant increase in the productivity, competitiveness, or better user experiences, as per its category demand.
Esrlier in August 2019, APAC Business Headlines Magazine featured the Dmoney wallet among the ‘10 most convenient wallets to watch in 2019’, making it the only wallet from South Asia to be successfully placed in the top 10.
D Money started its operation with an aim to address digital inclusion and works to build a partner based ecosystem to resolve cash-to-digital transformative barriers.
D Money co-founder, vice-chairman and CEO Sonia Bashir Kabir said, ‘I was extremely proud to represent my country and it gives me great pleasure to bring the Gold Award home for Bangladesh.’
D Money co-founder and managing director Aref Bashir said ‘I am humbled and grateful and dedicate this award to the underserved population of our country who we have pledged to serve by democratising financial services.’
D Money is a Digital Payments and Services Platform with Intellectual Property (IP) rights for D Money software. D Money is operating under Payment Service Provider (PSP) license awarded by Bangladesh Bank.
D Money was formed in 2016 with a vision to be the catalyst of cash to digital transformation.