Nagad

Nagad
Logo Since 2024
Product typeDigital Financial Service
CountryBangladesh
Introduced26 March 2019; 5 years ago (2019-03-26)
TaglineDigital Financial Service of Postal Department[1][2]
Websitenagad.com.bd

Nagad (Bengali: নগদ) is a Bangladeshi Digital Large Financial Service (DFS),[2] operating under the authority of Bangladesh Post Office,[1] an attached department of the Ministry of Post and Telecommunication.[3]

It is the new version of the previously introduced Postal Cash Card and Electronic Money Transfer System (EMTS) of the Bangladesh Post Office.[4] Its headquarter is located at 36 Kemal Ataturk Avenue, Banani, Dhaka — 1213, Bangladesh.[5] Second unicorn of the country, Nagad has been awarded as the fastest company in Bangladesh to reach the milestone of becoming a unicorn startup.[6] It is also first digital bank in the country.[7]

  1. ^ a b Muhammad Zahidul Islam (22 October 2018). "Nagad to make MFS sector lopsided: Higher transaction limits may fuel suspicious transactions". The Daily Star. Archived from the original on 25 April 2019. Retrieved 24 April 2019.
  2. ^ a b "About Us". nagad. Archived from the original on 24 April 2019. Retrieved 24 April 2019.
  3. ^ "Tarana appoints 19 female drivers at post office". Dhaka Tribune. 10 April 2017. Archived from the original on 24 April 2019. Retrieved 16 April 2017.
  4. ^ "PM opens digital financial service Nagad". Dhaka Tribune. 26 March 2019. Archived from the original on 24 April 2019. Retrieved 24 April 2019.
  5. ^ "Nagad – Headquarters Locations, Products, Competitors, Financials, Employees". cbinsights.com. Retrieved 30 December 2022.
  6. ^ "Nagad becomes Bangladesh's fastest unicorn" (Press release). PR Newswire. Retrieved 31 July 2023.
  7. ^ "Nagad, Kori to get licence to open full-fledged digital bank". Prothom Alo. Retrieved 24 October 2023.