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UCB Investment, upay partner to launch corporate digital payout solution

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Dhaka, May 13, 2026 — The Daily Corporate Desk

UCB Investment Limited and Upay have entered into a strategic partnership to introduce a comprehensive corporate payout solution aimed at enhancing digital financial operations and payment efficiency.

The collaboration is expected to streamline corporate fund disbursement processes through a secure and seamless digital payment mechanism.

The agreement was formally signed at a ceremony attended by Tanzim Alamgir, Managing Director and CEO of UCB Investment Limited, and Shaymol B. Das, Chief Executive Officer of upay, alongside senior officials from both organizations.

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Under the partnership, upay will facilitate digital payout services for UCB Investment Limited covering payroll disbursements, organizational payments, and various operational expenses.

Officials said the solution has been designed to simplify corporate payment processes, reduce administrative complexities, and ensure faster, more transparent, and more convenient payment experiences for recipients.

The initiative is also expected to support UCB Investment Limited in strengthening operational efficiency through the digitization of its corporate payout ecosystem.

Industry insiders believe the growing adoption of digital payout and financial automation solutions reflects the increasing demand among businesses for faster, technology-driven financial operations and cashless transaction management in Bangladesh’s corporate sector.

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