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Bangladeshi-owned company has joined US stock market

by BanglaPress Desk
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Staff Reporter: For the first time in the world, a Bangladeshi American-owned business has been listed on the New York Stock Exchange Nasdaq. The company has sold more than ten million shares in a short period of time due to huge demand. Bangladeshi American Dr. Saiful Khandaker has been trying for the last few years to get their company listed on Nasdaq.

On October 19, the name of Fintech Ecosystem Development Corporation appeared on a huge Nasdaq billboard in Times Square. Dr. Saiful Khandaker created a new history. The success of which will make world trade and public life easier. This path of Dr. Saiful Khandaker was not easy at all. Has faced many obstacles. He has reached this stage today with honesty and hard work.

Fintech Ecosystem Development Corporation is the first Bangladeshi-owned company to be included in the US stock market (Nasdaq). This information was given by the founder and CEO of the company Dr. Saiful Khandaker at a press conference held in the conference room of J Suites in Times Square, Manhattan, New York on Monday, November 1.
Dr. Saiful Khandaker’s Fintech Ecosystem Development Corporation (FEDC) has listed NASDA as the first Bangladeshi founding company with an IPO of Tk 1,845 crore. An international digital banking and fintech company started by a Bangladeshi on the 50th anniversary of Bangladesh’s independence was also launched in the US stock market.
Dr. Saiful Khandaker highlighted various issues of the company at the press conference as well as answered various questions of journalists. At the same time, he sought the cooperation of Bangladeshis who are involved in the stock market. Fintech Ecosystem Development Corporation has raised 160 million since its listing on NASDA on October 16, the press conference said. He said, Bangladeshi talent will bring an international financial product to the market. He hopes that by 2025, at least 25 to 30 financial products will build an integral financial ecosystem internationally. Also present at the press conference were Michael S. Tomkrizek and Manjur Hossain, the company’s independent directors.

BP/SM

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