Nagad wins UK-based Global Brand Award 2022
Nagad, a mobile financial service provider of theBangladesh Postal Department, has been named the “Best Innovative Digital Financial Service Brand” at the 10th Global Brand Awards 2022 held recently in Dubai.
Tanvir A Mishuk, founder and managing director of Nagad, has also won the “Fintech Personality of the Year 2022” award, as per a press release on Wednesday
Every year, the UK-based Global Brands Magazine recognises and rewards top companies across the globe for their exceptional performances in different fields, such as economy, education, lifestyle, innovation, technology, and real estate.
Nagad’s success demonstrates its commitment to innovation and offering products and services tailored to customer needs, said the release. Nagad is constantly striving to be the best it can be for its customers, and this award is a testament to that dedication.
In only three and a half years, Nagad has become one of the top mobile money operators in Bangladesh due to its success in helping unbanked people access financial inclusion through its customer-friendly, easy and affordable services. The company has revolutionised the country’s MFS industry by innovating the digital Know Your Customer (KYC) process and has onboarded more than 6.5 crore customers.
The state-owned MFS provider is also playing a part in the country’s socioeconomic development as it disburses different safety allowances and education stipends at a nominal charge.
Nagad was awarded for its part in the country’s socioeconomic development at the Palm Jumeirah in Dubai on 10 December. Faisal Chowdhury, one of the directors of Nagad, and Samia Sharmin, senior manager of Corporate Communications Department, received the awards on behalf of Nagad at the event.
Nagad has won several awards for its innovative e-KYC service in Bangladesh, including the Best Innovation Digital Financial Service Award, the Inclusive Fintech Fifty Award, the Best Digital Financial Service Provider Award, the WITSA Global Excellence Award, the Digital Bangladesh Award, and the E-Commerce Mover Award.