Nagad, the digital financial service of Bangladesh Postal Department, is on boarding around 20,000 new customers every day.
As of Wednesday, November 27, Nagad, which has taken mobile financial services in Bangladesh to a new height, reported a customer base exceeding 9.5 crore, says a press release.
In just five years, Nagad has become one of the country'ssecond-strongest mobile banking service providers. With its different innovative products and services, this state-owned MFS has gained huge popularity among customers. Its state-of-the-art app now offers a wide range of services, leading to a significant increase in the percentage of customers joining through the app.
On Thursday, Nagad authorities said customer onboarding now stands at an average of 20,000 a day.
Commenting on this steady customer growth, Nagad's Chief Marketing Officer Sadat Adnan Ahmed said, “Nagad has earned the trust of its users owing to customer-friendly services at minimal charges. Thus, it has broken the monopoly in the market and, within just five years, established itself as the second-strongest MFS provider”.