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Brick Lane to Sylhet: British-Bangladeshis Send Record £800m Home

Second-generation diaspora drives a fintech-led remittance boom.

L

London Correspondent

London Correspondent • 6 Sept 2 min read

Brick Lane to Sylhet: British-Bangladeshis Send Record £800m Home
Dhaka — remittance fuels its rise

LONDON — From the curry houses of Brick Lane to the tech offices of Canary Wharf, British-Bangladeshis sent a record £800 million home last year — much of it in seconds via mobile apps their parents could never have imagined.

'My father queued at a travel agent with cash in an envelope. I tap my phone and my mother gets taka in Sylhet before my tea cools,' laughed second-generation banker Sadia Ahmed, 29. Fintech firms report 60% of UK-Bangladesh transfers now go direct to mobile wallets.

Sylhet's skyline tells the story: diaspora-funded hospitals, English-medium schools and the famous 'Londonis' — grand homes built pound by pound.

— Daily Best News Desk • Fearless in the search for truth

Reported by London Correspondent • Edited by the Daily Best News desk. Send corrections to [email protected].

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