What Does Nagad Do?

Total employees1359
HeadquartersDhaka
Founded2018

Nagad is a Digital Financial Service provider and the mobile banking arm of the Bangladesh Post Office. Launched in 2019, it has rapidly become one of the leading MFS operators in Bangladesh, aiming to accelerate financial inclusion by bringing unbanked and underbanked populations into the formal financial system. Nagad offers a wide range of services, including mobile payments, money transfers, bill payments, mobile top-ups, and disbursements of government social safety net programs. Its innovative features, such as account opening via USSD by dialing *167# and through its mobile app, have contributed to its massive user adoption.

Where Is Nagad's Headquarters?

HQ Function

Serves as the central command for all of Nagad's operations, including technology development, marketing, customer service management, strategic partnerships, and policy-making.

Notable Features:

Located in a prominent commercial area, the headquarters likely features modern office infrastructure designed to foster innovation and collaboration among its teams.

Work Culture:

Dynamic, fast-paced, and innovation-driven, reflecting its position in the competitive fintech landscape. Emphasis on digital transformation and customer-centric solutions.

HQ Significance:

The headquarters is pivotal for Nagad's mission to digitize financial transactions across Bangladesh and plays a key role in coordinating its extensive network of agents and partners.

Values Reflected in HQ: The headquarters likely reflects Nagad's values of innovation, accessibility, efficiency, and trust, aiming to provide reliable financial services to millions.

Location:

Nagad's operations are primarily focused within Bangladesh, aiming to serve the domestic population. While it facilitates international inward remittances, allowing Bangladeshis abroad to send money home through partnerships with international MTOs, Nagad does not currently have physical operational offices or direct consumer services outside of Bangladesh. Its global aspect is centered on enabling these remittance flows into the country.

Street Address:

Delta Dahlia Tower (Level 11 & 14), 36 Kemal Ataturk Avenue, Banani

City:

Dhaka

State/Province:

Dhaka Division

Country:

Bangladesh

Where Else Does Nagad Operate Around the World?

Chittagong, Bangladesh

Address: Specific public addresses for regional offices are not widely advertised; operations are often managed through regional hubs and extensive agent networks. A Chittagong office would be a key regional hub.

To ensure service penetration, manage local business development, and provide operational support in one of Bangladesh's largest economic zones.

Sylhet, Bangladesh

Address: Similar to Chittagong, specific addresses are not broadly public. A regional office would serve the northeastern part of the country.

Facilitate financial inclusion and support the significant remittance inflows in this region, along with local commerce.

Buying Intent Signals for Nagad

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Nagad? Meet the Executive Team

As of April 2025, Nagad' leadership includes:

Tanvir A Mishuk - Founder and Managing Director
Mohammad Aminul Haque - Executive Director
Maruful Islam Jhalak - Executive Director (Marketing & Communications, Digital Services & Payments)
Shihab Uddin Chowdhury - Chief Sales Officer
Niaz Morshed Elite - Executive Director

Who's Investing in Nagad?

Nagad has been backed by several prominent investors over the years, including:

Bangladesh Post Office (Primary stakeholder and governmental entity)

What Leadership Changes Has Nagad Seen Recently?

Hire1
Exits0

Nagad has made strategic appointments to its executive team to further strengthen its market leadership and operational excellence. There have been no widely publicized major exits from the core executive team recently, focusing instead on reinforcing its leadership.

New Appointments:

Niaz Morshed Elite, Niaz Morshed Elite joined Nagad as Executive Director, bringing diverse experience to support the company's expansion and innovation efforts.

What Technology (Tech Stack) Is Used byNagad?

Discover the tools Nagad uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Nagad Email Formats and Examples

Nagad typically uses standard corporate email formats for its employees. The most common formats are likely [firstname].[lastname]@nagad.com.bd or [firstinitial][lastname]@nagad.com.bd.

[firstinitial][lastname]@nagad.com.bd or [firstname].[lastname]@nagad.com.bd

Format

tmishuk@nagad.com.bd

Example

80%

Success rate

What's the Latest News About Nagad?

The Daily StarFebruary 19, 2024

Nagad introduces lowest cash-out charge through City Bank ATMs

Nagad has partnered with The City Bank to offer the lowest cash-out charge for its customers at Tk 14.50 per Tk 1,000 withdrawn from City Bank ATMs, enhancing convenience and affordability....more

The Financial ExpressOctober 26, 2023

Nagad, TerraPay team up for inward wage remittance service

Nagad Ltd has partnered with TerraPay, a global payments network, to facilitate seamless inward wage remittance services for Bangladeshi expatriates, aiming to boost foreign currency inflows through legal channels....more

Dhaka TribuneAugust 7, 2023

Nagad introduces 'tap-and-pay' for merchant payments

Nagad launched a 'tap-and-pay' feature, allowing customers to make payments at merchant points by simply tapping their NFC-enabled smartphones on POS terminals, offering a faster and more convenient transaction method....more

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