Hong Kong Based Equity Firm Invests USD 7 Million for SureCash Mobile Banking

The Osiris Group, an Asian frontier market investment firm, joined hands with Progoti Systems Limited to invest USD 7 million Series B fintech investment for SureCash mobile banking. Earlier, SureCash received Series A investment from a group of Japanese investors specializing in the e- commerce industry. MD of Osiris Group Jason Bajaj and CEO of Progoti Systems Dr. Shahadat Khan signed the agreement on behalf of their respective organizations. The ceremony was also attended by Syeed Khan and Mir Mahfuz Ur Rahman from Osiris and CBO Md. Abu Taleb, SVP S.M. Salahuddin and SVP Md. Afzalur Rashid from Progoti Systems.

Jason Bajaj has said, “Simply put, SureCash is a game changer. We are convinced SureCash will truly transform lives and rapidly ascend to a dominant market position.” Dr. Shahadat Khan commented, “We are pleased to have Osiris as one of our partners. Together, we are building a payment platform to serve the people of this nation, and are eager to work closely with all stakeholders, including the telcos, financial institutions, regulators, central bank and our customers.”