[5] This mobile financial service company started as a joint venture between BRAC Bank Limited, and Money in Motion LLC.

[8][9] bKash started in 2011 as a joint venture between BRAC Bank Limited, Bangladesh, and Money in Motion LLC, United States of America.

In April 2013, International Finance Corporation (IFC), a member of the World Bank Group, became an equity partner, in March 2014, Bill & Melinda Gates Foundation became an investor in the company,[10] and in April 2018 Ant Financial, the operators of Alipay (an affiliate company of Chinese giant Alibaba Group), became an equity partner,[11] announced a strategic partnership to promote financial inclusion for the unbanked and underbanked communities in Bangladesh.

The mobile financial service (MFS) app offers a wide range of features, from sending and receiving money to paying bills and availing loans.

Its impact on people's lives is evident in the increased access to financial services, reduced reliance on cash, and enhanced convenience.

[20][21] According to the Prothom Alo, a leading national newspaper, bKash has reached a consumer base of 70 million registered Bangladeshi adults.