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English | USD $

SureCash

Bangladesh's mobile payment platform — 6 bank partners, 300+ payment partners, 40K agents, $7M funding from Osiris Group
💳 FinTech 📅 Founded 2010 📍 Dhaka 🚀 Growth
🌐 Visit Website
💰 Total Funding
$7.0M
📈 Funding Stage
Series b
📅 Years Operating
16+ yrs
🏷️ Industry
FinTech
🚀
Founded in 2010 by Dr. Shahadat Khan as Progoti Systems Limited. Raised $7M from Osiris Group (2014). Partners with 6 banks, 300+ payment partners, 40,000 agents. Grameen Bank partnership. Plans for Series C.

📊 Snapshot

📅
Founded
2010
📍
Headquarters
Dhaka
📈
Revenue Status
Revenue-generating
🏢
Registration
Private Limited Company (Progoti Systems Limited)
🧩
Business Model
FinTech, B2B, B2C, Mobile Payment, Platform
🌍
Operating In
Bangladesh
🌐
Website

📋 About SureCash

SureCash is a Bangladeshi mobile payment and banking platform, founded in 2010 by Dr. Shahadat Khan. Operating under the parent company Progoti Systems Limited, SureCash provides mobile financial services including mobile banking, bill payments, merchant payments, and person-to-person transfers. The platform operates in partnership with 6 scheduled banks, 300 payment partners, and 40,000 retail agents across Bangladesh.

🚀 Founding Story

SureCash was founded in 2010 by Dr. Shahadat Khan as Progoti Systems Limited. The company launched the SureCash mobile payment platform to provide accessible financial services to Bangladesh's large unbanked population. SureCash operates as a technology platform that partners with banks rather than competing with them — providing the technology layer for mobile banking, payments, and financial inclusion.

💰 Investment History

  • 💰 2014 — Raised $7 million from Osiris Group, a European investment firm
  • 📈 Series C planned — The company announced plans to close a Series C round

📱 Platform & Services

SureCash offers a comprehensive mobile payment ecosystem:

  • 🏦 Mobile banking — Partnership with 6 scheduled banks
  • 💳 Bill payments — Utility bills, education fees, government payments
  • 🏪 Merchant payments — 300+ payment partners
  • 👥 Person-to-person transfers — Send/receive money
  • 🏬 40,000 retail agents — Nationwide agent network
  • 📱 Mobile app — Available on Google Play Store

SureCash has partnered with Grameen Bank (the world's largest microfinance organization) to provide mobile payment services to its millions of members.

💼 Investors & Backers

Osiris Group
Venture (2014)
$7M

💰 Funding History

Venture · 2014
Lead: Osiris Group (European investment firm)
$7.0M

📅 Company Timeline

2010
Founded
Founded by Dr. Shahadat Khan as Progoti Systems Limited
2014
$7M Funding
Raised $7 million from Osiris Group
2017
Series C Plans
Announced plans to close Series C round
Ongoing
Grameen Bank Partnership
Partnership with Grameen Bank for mobile payment services to microfinance members

📈 Key Metrics

6 scheduled banks
Bank Partners
Source: Future Startup · 2017
300+
Payment Partners
Source: Future Startup · 2017
40,000
Retail Agents
Source: Future Startup · 2017
$7M
Total Funding
Source: Finextra · 2014
2010
Founded
Source: Future Startup · 2010

👥 Founding Team

D
Dr. Shahadat Khan
Founder & CEO
Founded SureCash (Progoti Systems Limited) in 2010. Leading mobile payment innovation in Bangladesh.

Technology Stack

⚡ FinTech⚡ Mobile Payment⚡ Mobile Banking⚡ Bill Payment⚡ Agent Network

📚 Sources & References 📅 Updated: August 2026

1
3
PressRelease — SureCash Mobile Payment for Grameen Bank
4
SureCash Official Website
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📍 Office Address

SureCash (Progoti Systems Limited), Dhaka, Bangladesh

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