NN Online:
In a significant move to accelerate the digital transformation of Bangladesh’s financial sector, TPS Worldwide has formed a strategic partnership with Magnus Corporation Ltd, a leading local technology and consulting firm.
Under the agreement, Magnus Corporation will act as the exclusive distributor and representative of TPS’s comprehensive suite of digital banking and payment solutions in Bangladesh. This collaboration aims to empower banks, fintech companies, and financial institutions with secure, scalable platforms for mobile financial services, digital wallets, and real-time payment systems.
Amir Shams, Group Vice President – Global Business & Marketing at TPS Worldwide, expressed optimism about the partnership, stating, “This collaboration aligns with our vision to expand secure digital payment infrastructure in regional markets. With Magnus’s strong local presence, we are confident in delivering impactful fintech solutions across Bangladesh.”
Arman A. Khan, Managing Director of Magnus Corporation Ltd, remarked, “We’re excited to bring TPS’s cutting-edge payment technologies to Bangladesh. This will enable local institutions to scale rapidly using world-class solutions.”
The signing ceremony, held recently, was attended by senior officials from both companies, including Amir Shams and Kamruzzaman from TPS Worldwide, and Arman A. Khan and Sakib Ahmed from Magnus Corporation.
This strategic alliance follows TPS’s recent success with projects such as Google Wallet enablement in Pakistan and reflects the company’s ongoing commitment to fostering innovation in emerging markets.
The partnership is expected to create new opportunities for digital financial inclusion and help modernize the financial services landscape in Bangladesh.
