Nagad wins UK-based Global Brand Award 2022

Dhaka, Bangladesh, December 29, 2022 /PRNewswire/ — Nagad, a disruptive mobile financial services provider from Bangladeshwas recognized as “Best Innovative Digital Financial Service Brand” at the recently held 10th Global Brand Awards 2022 Dubaifor his outstanding performance in the country’s mobile money industry.

(PRNews photo/Nagad Limited)

Tanvir A Mishuk, Founder and CEO of Nagad, was also recognized as Fintech Personality of the Year 2022 at the same event.

Each year, UK-based Global Brands Magazine recognizes and rewards top brands around the world for their exceptional achievements in a variety of fields.

Nagad’s success highlights its continuous efforts to innovate and provide people-centric products and services that have also made people’s daily lives easier.

Nagad has grown into one of the leading providers of mobile financial services Bangladesh just within 3.5 years thanks to its enviable success in getting the unbanked into the financial inclusion space faster.

The company has shaken up the country’s MFS market, notably through the innovation of electronic Know Your Customer (e-KYC), thereby reshaping the entire financial industry.

Nagad also plays an important role in the country’s socio-economic development as it has provided ways to disburse various government security allowances and educational grants for a small fee.

Global Brands Magazine organized the awards ceremony at the Palm Jumeirah in Dubai on December 10th. Feisal Khovdhuryone of Nagad’s directors, and Samia Sharmin, a senior manager of Nagad, accepted the awards on behalf of Nagad at the event.

“We never work for recognition, but recognition motivates one to take a step forward to improve services and make something new for society. This recognition proves that we are on the right track. In just 3.5 years, Nagad has had such a profound impact on finance inclusion that the positive changes are already visible,” said Nagad MD Tanvir A Mishuk.

Previously, Nagad has won several international awards for its outstanding contribution to the expansion of Bangladesh financial market. The MFS provider has been recognized with the WITSA Global ICT Excellence Award 2020 for its role in promoting financial inclusion by offering the easiest way to open an account by dialing *167# even from a basic mobile phone.

Also, Inclusive Fintech 50, a group of global organizations, has voted Nagad the best fintech startup for 2020.

Other awards given to Nagad are Best Digital Financial Service Provider Award, Digital Bangladesh Award, E-Commerce Mover Award and Best Marketing Communication Award which also contributed to the exposition Bangladesh positive around the world.

About Nagad Ltd (https://www.nagad.com.bd/)

Nagad Limited is one of the leading MFS operators in Bangladesh Payment industry with 70 million registered customers and an average daily transaction of approx $80 million. Known as a successful public-private partnership between the Bangladesh Post Office and the private sector, the digital payment platform was inaugurated by Prime Minister Sheikh Hasina of the People’s Republic in 2019 Bangladesh.

SOURCE Nagad Limited

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