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The truth is that Bangladesh does not yet know the real size of its formal corporate economy. And this is not merely a bookkeeping problem. It is a governance failure with real consequences for taxation, banking regulation, financial stability, and economic policymaking.

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Bangladeshi-origin entrepreneur Mohammad Raafi Hossain is expanding financial access for the global gig economy through FASSET, which has secured USD 51 million in Series B funding. The company plans to scale cross-border payment infrastructure across seven jurisdictions, focusing on faster, lower-cost payouts for freelancers and remote workers in emerging markets like Bangladesh, where traditional remittance systems remain slow and expensive.

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