Recursion Technologies Ltd

Recursion Technologies Limited is a Bangladesh-headquartered fintech company founded in 2006, specializing in payment solutions, e-wallet platforms, and payment gateway systems. The company positions itself as the pioneer of complete e-wallet and payment gateway solutions in Bangladesh, offering PCI-DSS, EMV, and EMV-Co compliant products. Their hybrid next-generation payment solution integrates e-wallet, payment gateway, payment switch, payment processor, KeyVault, mobile recharge platform, and SMS gateways — all developed in-house. The company serves medium and large enterprises, financial institutions, and governments with solutions spanning backend infrastructure to end-user applications. Recursion Technologies has developed a SMART e-Wallet supporting both Android and iOS, with features including EMVCo QR, NFC-enabled wallet functionality, 3D Security, and tokenization. Their products include Palli Lenden (rural financial services app), QPay (online payment processor), Gateway (utility bill payment system), and RAPS SME (payroll management). With offices in Bangladesh, UK, Uganda, Malaysia, and UAE, Recursion Technologies has an international footprint. The company holds PCI-DSS, ISO 27000, and ISO 9001 certifications, demonstrating strong commitment to security and quality standards. Their 24/7 support team and highly skilled engineering workforce focus on delivering robust, market-oriented solutions for the financial technology sector.