TPS Worldwide has taken a significant step in expanding its reach across South Asia by forging a strategic partnership with Magnus Corporation Ltd, a prominent technology and consulting firm in Bangladesh. This collaboration marks a pivotal move aimed at accelerating the digital transformation journey of financial institutions throughout Bangladesh and strengthening TPS’s regional footprint.
Under this new agreement, Magnus Corporation will serve as the official representative and distributor of TPS’s comprehensive suite of digital banking and payment solutions in Bangladesh. These solutions include platforms for mobile financial services, digital wallets, real-time payments, and advanced card management, all designed to empower banks, fintechs, and other financial institutions to operate with enhanced efficiency and meet evolving customer expectations.
Speaking on the occasion, Amir Shams, Group Vice President – Global Business & Marketing at TPS Worldwide, emphasized the strategic importance of this partnership. He noted, “This partnership reinforces our long-term vision to empower regional markets with secure and scalable digital payment infrastructure. Bangladesh holds immense potential, and with Magnus Corporation’s strong local presence, we are confident in delivering impactful, future-ready fintech solutions across the country.”
Arman A. Khan, Managing Director at Magnus Corporation Ltd, shared similar enthusiasm about the collaboration. “We are excited to bring TPS’s cutting-edge payment solutions to Bangladesh. This collaboration will empower local institutions to scale faster with globally proven technologies,” he said. The partnership is expected to play a key role in equipping Bangladesh’s banking and financial sectors with reliable and innovative digital platforms that are already trusted by financial ecosystems worldwide.
The formal signing ceremony in Dhaka was attended by senior executives from both companies, including Amir Shams and Kamruzzaman, Country Manager for Bangladesh at TPS, as well as Arman A. Khan and Sakib Ahmed, Director at Magnus Corporation. Their presence highlighted the shared commitment to driving financial technology advancements in the region.
This strategic alliance with Magnus comes on the heels of TPS’s other successful initiatives across emerging markets. Notably, TPS recently facilitated advanced integrations like enabling Google Wallet payments in Pakistan, reflecting its broader mission to introduce global best practices and technologies to regional markets. By partnering with Magnus, TPS is positioning itself to support Bangladesh’s rapidly growing digital finance landscape, offering platforms that ensure compliance, operational resilience, and customer-centric experiences.
TPS Worldwide has built a reputation over the years as a global provider of secure and scalable digital banking solutions, trusted by banks, central institutions, and fintech companies in more than 30 countries. Its offerings range from real-time payments and mobile banking platforms to open API frameworks that help financial institutions adapt quickly to changing regulatory and consumer demands.
Meanwhile, Magnus Corporation has established itself in Bangladesh as a leader in technology services and consulting, with deep expertise in systems integration and software distribution. The firm’s robust relationships across banking, finance, and government sectors make it an ideal partner to introduce TPS’s globally recognized solutions into the local market.
Together, TPS and Magnus aim to redefine how financial institutions in Bangladesh leverage technology to drive growth, enhance customer experiences, and maintain digital competitiveness in an increasingly connected world.
