Nagad wins 'Best Innovative Digital Financial Services Brand' award

Nagad, the Bangladesh Post Office's mobile financial services arm, was named "the finest innovative digital financial services brand."

Tanvir A Mishuk, Nagad's founder and managing director, was also selected 'Fintech Personality of the Year 2022' by Global Brands Magazine in the United Kingdom.

The prize was just announced in the 10th edition of the famous publication 'Global Brands Magazine.'

According to a news release, the journal has been honouring innovations and achievements in a variety of industries, including fintech, banking, education, and technology.

This year, the magazine awarded the best organizations in 11 industries, including airlines, banking and finance, fintech, consultancy, education, education technology, the stock market, insurance, investment, leadership, and technology.

This year, Sergey Sedov of Robocash Group of Singapore, won the 'Financial Technology Leader of the Year Award' Singapore, Simon Hu of Ant Group of China won the 'Best Financial Technology Leader Award', Shayne Nelson of Emirates NBD won the award for 'Best Financial Leader' from UAE and 'Vijay Shekhar Sharma of PayTM' won the award for Best Fintech Leader Award from India.

The release said Mishuk has been selected for his exceptional contribution to financial inclusion through 'Nagad'. He has managed to bring over six crore people into financial inclusion in only three years, who were previously excluded from financial inclusion.

Regarding the award, Mishuk said, "Winning awards is not my key objective. Yet, I am happy that the award acknowledged my work. I am even more delighted that the world-renowned organization honored my organization as the most innovative digital financial services provider."