TeleCash Limited is a subsidiary of Southeast Bank PLC (one of the renouned commercial banks of Bangladesh) to provide Mobile Financial Services (MFS) to the customers of different segments of the country. Its 90% share belongs to Southeast Bank PLC (SEBPLC). Among the remaining 10% share, 5% belongs to Southeast Bank Capital Services Limited (another subsidiary company of SEBPLC), and another 5% belongs to Southeast Bank Foundation. In fact, TeleCash Limited is completely owned by the Southeast Bank PLC. It is a registered company of the Registrar of Joint Stock Companies and Firms of the Government of the People's Republic of Bangladesh. Its Certificate of Incorporation No. C – 187723/2023, dated 21-MAR-2023.
The key objective of TeleCash Limited is not only survival in the highly competitive market but also strategic penetration in the local market with a logically aggressive approach. The parent bank, i.e., Southeast Bank PLC, wants to make TeleCash more vibrant to contribute substantially to the financial inclusion program and be a significant contributor to building a cashless Bangladesh. The only motto of TeleCash is to introduce innovative digital services for customers at regular intervals to fulfil the demand of time as well as achieve customer satisfaction.