Nagad

About of Nagad

Nagad is on the path to becoming an integral part of Bangladesh’s financial landscape. With a focus on meeting the needs of the people and aligning with the development goals of the Bangladesh Government, Nagad aims to become a comprehensive digital banking destination in collaboration with the entire financial services industry.

We firmly believe that strategic partnerships are essential in delivering relevant and impactful digital financial services to the people of Bangladesh. We invite you to join us in reimagining the future of financial services and taking a leap forward.

Bangladesh is a vibrant economic hub filled with optimism and ambition. With a population of 165 million, almost half of whom are under 25 years old, the country embraces new ideas from external sources while confidently forging its own path.

Nagad was launched on March 26th, 2019, through a groundbreaking partnership between the Bangladesh Post Office, an innovative institution with a century-long financial authority, and the Honorable Prime Minister of the People’s Republic of Bangladesh. The mission was clear: to offer a comprehensive and ever-evolving digital financial service to the people and small businesses of the country.

In a remarkably short span of time, Nagad has achieved impressive milestones. With 5.85 crore customers, 2.40 lakh Uddokta (entrepreneurs), and daily transactions amounting to BDT 700 crores, Nagad has set a high bar. Moreover, the revolutionary innovation of opening a Nagad Account simply by dialing *167# has made it easy for customers, even those using feature phones, to access the services.

Awards & Achievement

Digital Marketing Award, December 2021
Bronze in the ‘App Marketing’ category for the “T20 Quiz” campaign

Fintech Impact Award, November 2021
For its contribution to Financial Inclusion by simplifying the account opening process through the use of technology

Mastercard Excellence Award 2021, November 2021
For excellence in Mastercard Business (Merchant)- Online 2020-21 category

Commward by Bangladesh Brand Forum, August 2021
1. Bronze in the ‘Efficacy’ category for “Shob Hobe Nagad-e” Campaign
2. Silver in the ‘Integrated Marketing Communication’ category for “Shob Hobe Nagad-e” Campaign

Global Economics Awards 2021, March 2021
Most Innovative Digital Finance Services and Best New Mobile App in Digital Finance
Also mentioned as “The World’s Fastest-Growing MFS”

Business Tabloid Awards, December 2020
Best Digital Financial Services-Bangladesh 2020

WITSA Award, November 2020
Digital Opportunity and Inclusion for Nagad’s Role in Promoting Financial Inclusion

InclusiveFintech50, October 2020
The Best Fintech Startup for 2020