The Mobile Banking market is expanding rapidly, but are we seeing the right kind of growth?

Fresh Insights

Managing agent networks still remains the biggest challenge in mobile banking

Mobile Banking

Many things around us can offer lessons in strategy – especially a movie like Life of PI

Strategy Lessons

Visionary Fireside Chat with young entrepreneurs at the Global Entrepreneurship Week celebrations in Dhaka

Thought Leadership

An exceptionally talented local team, supplemented by a network of global experts, drive our value proposition

pi Strategy Difference


Mobile Financial Services: Consumer Insights Study

Bangladesh began its Mobile Financial Services (MFS) journey in 2011. The primary goal of MFS is financial inclusion - reaching the unbanked population with appropriate financial services. As of end of December 2013 there are more than 13.2 million registered users being served by nearly 182,000 agents transacting around TK66 Billion per month. Over-the-Counter (OTC) transactions constitute nearly 90% of the market. People are not opening and using mobile wallets by the masses just yet. Moreover, a significant number of those who are using MFS today cannot be categorized as “base of the pyramid” consumers.



Daily Star Roundtable, Dhaka, Bangladesh: The Daily Star, Bangladesh’s premiere English newspaper, organizes periodic roundtables on various topics of current affairs and invites recognized industry experts to share their thoughts, which are subsequently published in the newspaper. The Daily Star held a roundtable titled “Mobile Financial Services” where pi Strategy Consulting was invited to deliver a keynote presentation on the topic, bringing forward the global perspective on the subject



pi Strategy Consulting connects leading edge management practices with development priorities through innovative design thinking principles. The Firm’s 3.14 approach encapsulates its value proposition across three vectors: capabilities, focus area, and service offerings.