Banking News – Nepali fintech entrepreneur and Chairman of F1Soft Group, Biswas Dhakal, has taken another bold step on the global stage as his UAE-based company FILPS Ltd. signed a strategic partnership with AB Bank PLC, one of Bangladesh’s leading private sector banks. The agreement aims to introduce an AI-driven digital micro-lending solution in Bangladesh, offering customers instant access to loans through a seamless and paperless process.

The MoU was signed in Dhaka by Syed Mizanur Rahman, Managing Director and CEO of AB Bank, and Biswas Dhakal, CEO of FILPS Ltd. Senior officials from both sides were present, including AB Bank’s Additional Managing Directors Reazul Islam, Z. M. Babar Khan, and Mahadev Sarkar, alongside FILPS executives Rishikesh Nepal (Chief Partnership Officer), Abhishek Chetri (Chief Staff Officer), and Tushar Hasan (Country Manager, Bangladesh).

The partnership underscores AB Bank’s commitment to enhancing customer experience through digital innovation while supporting financial inclusion in Bangladesh. For FILPS Ltd., this marks a milestone in expanding AI-powered fintech solutions across South Asia.

Dhakal expressed pride in the collaboration, noting that the joint effort will make financial services faster, smarter, and more inclusive, empowering millions of customers with convenient access to credit anytime, anywhere.