Companies in the Mojaloop Service Provider Directory are available to help adopters use Mojaloop tools to build an inclusive, instant payment system (IIPS). They offer a variety of services, including implementation, maintenance, and modifications of the Mojaloop open source platform.  Some offer more broad payment system consultancies and products to augment the Mojaloop-based IIPS, such as scheme rules. For more information, click on the company’s tile. Mojaloop Foundation does not certify companies in this list.

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Bangladeshi Software Ltd.

Bangladeshi Software Ltd. – trusted partner for inclusive instant payment systems and Mojaloop integration.

Location:

Geographical Focus: Bangladesh and South Asia

Company Headquarters: Dhaka, Bangladesh

Number of Employees: 10-50

Contact Name: MD SHAMIM REZA

E-mail: [email protected]

Phone: 8801719182586

Business Description

Bangladeshi Software Ltd. is a pioneering fintech solutions provider in Bangladesh, specializing in regulatory compliance, inclusive payment ecosystems, and digital financial infrastructure. With extensive experience in government projects and international collaborations, including Mojaloop and Bangladesh Bank initiatives, the company delivers robust payment gateway solutions, system integration, and consulting services. Our mission is to enable secure, interoperable, and scalable instant payment systems that foster financial inclusion and sustainable growth.

Services Provided

Mojaloop Implementation and Configuration
Mojaloop Maintenance and Upgrades
Adjacent Consulting Services (such as scheme rules, hub operations, hardware, security, etc)
Adjacent Products

Membership and/or leadership position in the Technical Governing Board, Design Authority or Community Council

Position Start Date End Date

Workstreams

PI Workstream Name Description of work completed
PI-11 – July 2020 Core Transfers

Enables seamless P2P fund transfers between DFSPs with basic flow.

PI-11 – July 2020 Account Lookup Service (ALS)

MSISDN→FSP mapping, Oracle routing, participant registration.

PI-11 – July 2020 Quoting Service

Routes, stores, validates quotes; ensures consistency; DFSPs set fees.

PI-12 – October 2020 Central Settlement

Manages windows, batch processing, deferred settlement, reconciliation.

PI-13 – January 2021 Error Handling

Provides enhanced error codes and structured responses for compliance.

PI-14 – April 2021 Transaction Requests

Request-to-Pay API allowing payees to initiate secure payment requests.

PI-15 – July 2021 Simulators

DFSP testing simulators for validating interoperability and readiness.

PI-16 – October 2021 ML API Adapter

HTTP↔Kafka, transfer handler, state machine, callbacks, timeout mgmt.

PI-17 – January 2022 Central Ledger

Position accounts, NDC enforcement, reserves, commits, real-time updates.

PI-17 – January 2022 Quoting (ILP Validation)

Validates ILP packets ensuring secure and standardized quoting process.

Significant Contribution Highlights

Bangladeshi Software Ltd. has supported Mojaloop-related initiatives for Bangladesh Bank, with a focus on hub operator integration, scheme rules, and compliance. Our team has contributed in test environments and internal implementations, helping ensure smooth customization and alignment with regulatory requirements.

Mojaloop Deployments

Bangladeshi Software Ltd. has provided supportive work for Bangladesh Bank’s Mojaloop-related initiatives, focusing on hub operator integration, scheme rules, and compliance. While not engaged under a formal partnership or work order, our team has contributed in a supporting role to test environments and internal implementations, helping ensure smooth customization and regulatory alignment.

Mojaloop Integrations

Our experience includes connecting Mojaloop with core banking systems, mobile wallet platforms, and adjacent digital public goods. We have facilitated interoperability between domestic financial institutions and international fintech partners, primarily through advisory and technical support roles.

Mojaloop Products

We provide adjacent consulting and compliance products, including scheme rule documentation, hub operations manuals, and security frameworks. These have been tested alongside Mojaloop deployments to support readiness and compliance for financial institutions.

Payment Technology Experience

Bangladeshi Software Ltd. has extensive experience in national payment gateway development, PSO licensing compliance, and integration of fintech platforms with regulatory frameworks. We have collaborated with Mojaloop community members and supported initiatives aligned with Bangladesh Bank to build sustainable, inclusive payment ecosystems. Our expertise spans digital wallets, core banking integration, and secure transaction processing.

References

Central Bank – IIPS Project Demo
Organization: Bank (Central Bank)
Project: Inclusive Instant Payment System (IIPS) Demo

Website: https://mojaloop.xyz

Role: Provided supportive work and technical alignment for Mojaloop demo environments.

Karentpay – A Payment Solution Worldwide
Organization: Karentpay
Description: Global payment solution provider with interoperability and fintech integration experience.

Website: https://karentpay.com

Mojaloop Training Courses

Course Number of employees who have completed the course
MOJA 101 5
MOJA 102 5
MOJA 103 5
MOJA 104 5
Scheme 101 5
DFSP 101 10
DFSP 209 10
HUB 101 10
HUB 209 10
TTK 101 10