.png)
Population
174.8M
_(2).png)
Online population
77.3M
.png)
Currency
BDT
Population - 174.8M
[At the start](https://datareportal.com/reports/digital-2024-bangladesh#:~:text=The state of digital in Bangladesh in 2024&text=There were 77.36 million internet,percent of the total population.) of 2024, 40.8% of Bangladesh’s population lived in urban centres, while 59.2% lived in rural areas.
Internet penetration - 44.5%
There [were](https://datareportal.com/reports/digital-2024-bangladesh#:~:text=The state of digital in Bangladesh in 2024&text=There were 77.36 million internet,percent of the total population.) 77.3M internet users in Bangladesh at the start of 2024.
As for 2023, Bangladesh was home to a total of 198 FinTech startups.
In Bangladesh, FinTech faces an underpenetrated environment full of potential, with 60M unbanked adults.
[According](https://www.statista.com/outlook/dmo/fintech/bangladesh#:~:text=The largest market will be,to US%2468.05 in 2024.) to Statista, FinTech's digital investment market in Bangladesh is expected to be $55.5M in 2023 and is likely to expand by 35.8% by 2024, leading to an estimated market value of $909M by 2027.
<aside> 🥇 **Gold Kinen** Gold Kinen is a unique FinTech startup that allows users to buy gold in small amounts through its app. This innovative approach makes gold investment accessible to a wider audience, enabling users to purchase, gift, and save gold starting from just 1 gram.
</aside>
<aside> 💨 **Wind** Wind is a non-custodial wallet designed for borderless payments, aiming to minimize transaction costs and empower users with greater financial freedom. It supports seamless transactions across borders, enhancing financial mobility for individuals and businesses.
</aside>
As of 2024, there are a total of 61 banks operating in Bangladesh. This includes 50 private banks and 11 public banks. Among these, 58 are commercial banks, and 3 are specialized banks. Additionally, there are 9 foreign commercial banks functioning in the country
Sonali Bank PLC (Public Limited Company) (Bengali: সোনালী ব্যাংক পিএলসি) is the principal state-owned leading public commercial bank in Bangladesh. Mutual Trust Bank PLC (MTB) announced that its Wholesale Banking Division has been recognized as ‘Best in Wholesale Banking’ for 2024 by International Business Magazine.
A Bangladesh Bank [report](https://www.newagebd.net/article/227563/only-8-local-banks-in-good-shape-bangladesh-bank-report#:~:text=These banks are Prime Bank,and State Bank of India.) based on June 2023 financial performance indicates that only 8 local banks are in good condition. In total, 16 banks, including 8 local and 8 foreign, are in the green zone, signifying good financial health. 29 banks are in the yellow zone, indicating a need for supervisory attention due to relative health deterioration. 9 banks, including four state-run ones, are in the red zone, requiring special attention due to fragile financial health.