Nagad scoops UK-based Global Brand Award 2022

Business Desk :
Nagad, a mobile financial service provider of the Bangladesh Postal Department, has been named the “Best Innovative Digital Financial Service Brand” at the 10th Global Brand Awards 2022 held recently in Dubai, in recognition of its outstanding performance in the country’s MFS sector.
At the same time, Tanvir A Mishuk, founder and managing director of Nagad, has bagged the “Fintech Personality of the Year 2022” award, according to a press release. 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 has become one of the top mobile money operators in Bangladesh only in three and half years, thanks to its enviable success in bringing unbanked people into the fold of financial inclusion at a faster pace through its customer-friendly, easy and affordable services. The company has revolutionised the country’s MFS industry, especially by innovating the digital Know Your Customer (KYC) and so far, 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.