Robi incorporates Smart Pay

Robi, the second-largest mobile phone operator in Bangladesh, has incorporated a 100 per cent owned subsidiary company Smart Pay Limited.   

The registered office of the company will be situated in Bangladesh, said the mobile phone operator in a filing on the website of the Dhaka Stock Exchange yesterday.

It will establish and run fintech-driven electronic payments and other related services for customers, it said.

Shares of Robi, which had about 5.5 crore mobile phone subscribers as of August this year, were unchanged at Tk 30 on the Dhaka bourse yesterday.