Xpert Fintech Ltd. Acquires EcoSoftBD IT Ltd. to Strengthen Digital Footprint in Financial Sector

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Dhaka, Bangladesh – May 5, 2025 —In a bold move to scale its impact across Bangladesh’s financial technology landscape, Xpert Fintech Ltd. has officially acquired EcoSoftBD IT Ltd., one of the country’s most trusted vendors of Order Management Systems (OMS). This strategic acquisition was formalized through a Memorandum of Understanding (MoU) signed on April 22, 2025, at Xpert Fintech’s corporate headquarters in Bijoynagar, Dhaka.

To commemorate the landmark deal, a Merger and Acquisition Contract Signing Ceremony was held on April 30, 2025, at the prestigious Hotel Intercontinental, Dhaka. The event was attended by high-ranking executives and board members from both companies, including Xpert Fintech’s Chairman, Mr. Sumon Das, its Managing Director, CFO, and company Secretary, and technical teams from EcoSoftBD.

Strategic Expansion with Advanced Fintech Solutions

The acquisition will empower Xpert Fintech to expand its portfolio of robust digital solutions, particularly in the capital market, banking, and insurance sectors. The integration of EcoSoftBD’s flagship products — Smart Trader, Smart Online Share Trading (OST), and Smart Broker – Back-Office Software (BoS) — is expected to enrich Xpert Fintech’s Broker-Hosted OMS offerings, boosting both functionality and scalability.

Mr. Sumon Das, Chairman of Xpert Fintech Ltd., commented on the acquisition, saying:

“EcoSoftBD brings an impressive legacy of technology leadership in OMS and trading solutions. Their expertise aligns perfectly with our strategic vision of delivering next-generation financial technology. This acquisition is not just about expansion — it’s about redefining how digital solutions can empower the financial ecosystem of Bangladesh.”

A Future-Focused Integration

Both companies are committed to a seamless integration process that retains EcoSoftBD’s technological strengths while leveraging Xpert Fintech’s infrastructure, resources, and client base. The move is set to create synergies that will fuel product innovation and operational efficiency, ensuring clients benefit from more sophisticated, user-centric solutions.

This acquisition also reflects Xpert Fintech’s unwavering commitment to leading the digital transformation of Bangladesh’s financial sector, ensuring top-tier service, regulatory compliance, and agile innovation.

As the companies enter this exciting new chapter, stakeholders and clients can look forward to more dynamic, secure, and intelligent fintech services in the months ahead.

Tags: #OMS #xpertfintech #XFL #EcoSoftBD

M. A. Maleque Kibria

M. A. Maleque Kibria has joined Xpert Fintech Ltd (XFL) on June 1, 2023 as Managing Director. Prior to his joining at XFL, he has served as CEO of Comptech Network Systems Ltd for 1.25 years.

Mr Kibria started his career in 1996 with RANGS industries Ltd as a Branch in-charge after completing his Bachelor and Masters in Physics from Dhaka University. Immediately, he switched job as a trainee network engineer at Applied Computer Technologies at the end of 1996, and later joined Tech Valley Computers Ltd in 1997 and served until oct 2003 as Sr. Network Manager, before joining Eastern Bank Ltd in 2003 as AVP. From 2003 to 2006 he severed as its IT Infrastructure support manager in EBL before joining BASIC Bank Limited as Manager, ICT. Mr Kibria's diverse experience at BASIC Bank is showcased in the fact that he worked as Head of IT infrastructure (AGM) of the Bank and also served as its Head of ICT Operations as DGM, additionally Head of ICT Security Unit of the Bank. He resigned from BASIC Bank as Deputy Head of ICTD and joined BISDP (a World Bank Project under IDRA, Ministry of Finance) as ICT specialist in June 2019.

With over 28 years of experience in the ICT, banking, and finance sectors, Mr. Kibria has established himself as a pioneer in the industry. He possesses extensive expertise in ICT infrastructure solutions, hardware/software implementations and IT operations management. Mr. Kibria played a key role in the successful implementation of online Core Banking Solutions (CBS) for both Eastern Bank Ltd. and BASIC Bank Limited, setting benchmarks with the nationwide roll out of LAN/WAN for these banks.

He has successfully completed some unique networking projects for BUET, SUST, KUET, CGA and BATB. He is holding ITIL, ISO 27001 LA, MCSE, CCNA, CCNSP and Lucent/AVAYA SCS Eng certification. He has effectively completed numerous workshops and training on Systems, Networking, IT Security, AML, Leadership & management, capital market operations, Corporate Governance, Compliance of Securities Market’s laws, Rules & Regulations etc. both home and abroad.

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