Nagad, the mobile financial venture of Bangladesh Post Office, has received the ‘Best Innovative DFS-2021 award from UK-based Global Economics Ltd, one of the prominent global financial and bi-annual business publications.
Earlier in July 2021, Global Economics ltd declared Nagad as the winner of the “Best Innovative DFS Award”. As a part of the announcement, the publication arranged an award ceremony on January 20 at Sangri – La Hotel, Dubai.
Faisal Choudhury, Director of Nagad and K M Ayreen Aziz, Head of Strategic Alliance received the award on behalf Nagad.
The Global Economics Awards’ aimed at recognizing the best market players within their respective industry. The publication acknowledged and recognized Nagad, under the criteria of digital transformations in technological innovation through the ‘Best DFS Award.
Since its inception in March 2019, Nagad has been recognized for its innovative service across the world. Nagad’s innovation — the electronic Know Your Customer (KYC)— was the first of its kind innovation in the country. The MFS operator has been relentless in its efforts to bring innovative and affordable digital payment options from the very begin of its journey.
Commenting on the Global Economics Limited Ltd Award, Nagad’s Cofounder and Managing Director Tanvir A Mishuk said, ‘This award is a wonderful milestone for Nagad, as we have been working towards digitalizing the country through introducing affordable innovative solutions for our customer, from the beginning of our journey. Hope Nagad will achieve more recognitions by the latest innovations.”
Throughout the three-year journey, Nagad won numerous awards and recognition for playing pivotal role in pursuit of country’s the Digital Bangladesh vision.
The MFS operator currently has 5.70 crore users and a daily transaction volume stood at Tk 750 crore.