Toppay launches in Bangladesh with big investment boost
TOPPAY, a leading financial inclusion provider in China, has launched operations in Bangladesh with an official event on 27 September at its Gulshan-1, Dhaka office.
This milestone marks a significant step toward offering innovative, flexible, and accessible mobile financing solutions to Bangladeshi consumers.
TOPPAY's mission is to enhance financial inclusion through convenient, flexible payment options. Its cardless EMI facility enables customers to purchase mobile phones in instalments, removing the need for credit cards and making the latest devices more affordable.
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At the opening and signing ceremony, TOPPAY entered into formal partnerships with leading mobile brands, including OPPO, realme, and OnePlus. These collaborations will offer consumers a wide range of device options, enabling regular upgrades on flexible payment terms. The initiative responds to rising demand for accessible payment solutions, particularly among young technology enthusiasts and professionals.
Speaking at the inauguration, TOPPAY CEO ChenFei said: "We have invested Tk3,500 million and plan to invest over Tk25,000 million in the coming years to serve more than 1.5 million customers. Beyond mobile financing, we aim to expand into financial services and social responsibility, as we believe growth must go hand in hand with community development."
The launch of TOPPAY in Bangladesh is expected to transform how consumers purchase mobile phones and contribute to the country's economic development. By offering flexible instalment plans, the company empowers more people to access smartphones, supporting increased digital adoption. As smartphone ownership continues to expand, demand for digital services is expected to rise, fostering a more connected and inclusive society.
The inauguration underscores TOPPAY's commitment to supporting Bangladesh's rapid digital transformation. By removing the barrier of large upfront costs, TOPPAY aims to accelerate smartphone adoption and help bridge the digital divide, ultimately making mobile technology accessible to wider segments of the population.
