LAUNCHING ISSUE: Role of financial markets in economic development/ Volume 1, Issue 1

Industry Insight | Open Access

Empowering Small Businesses with Financial Technology: The Road Less Travelled
Roksana Akter, xxxx Adrita Priyodarshini, xxxx Suborna Barua xxxx
Published Online: 21 December 2021 | Published In Print: 28 December 2021 | https://doi.org/10.54728/2112211640063460

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Abstract

Abstract Financial services remain untapped by most of the small business owners in Bangladesh. This limited access to mobile financial services and FinTech presents a business opportunity for the FinTech startups in the market. TallyKhata and Upayare digital financial services platforms visualizing to capture the untapped sector by becoming one of the first movers in the industry. This article has studied the cases of TallyKhata and Upay in empowering small businesses in Bangladesh through the services that have made business transactions and credit management hassle-free.