When was Nagad founded?

Nagad was founded in 2018 and became a unicorn in 2023.

Where is Nagad located?

Nagad is headquartered in Dhaka, Bangladesh.

How many employees does Nagad have?

As of Apr 30, 2026, the latest employee count at Nagad is 141.

Is Nagad a Banking Tech company?

The primary sectors of Nagad are Banking Tech and Payments.

Where does Nagad rank among its competitors?

Nagad ranks 4th amongst 43 active competitors, of which 5 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was PayU, which secured $35.1M in Jul, 2025.

Who are the top competitors of Nagad?

Nagad's top competitors include PayU, Flutterwave and Equiniti. Among them, PayU secured the most recent funding round in July, 2025.

Nagad - 2026 Company Profile, Team, Funding & Competitors

Nagad is a funded company based in Dhaka (Bangladesh), founded in 2018 by Tanvir A Mishuk. It operates as a Provider of a platform facilitating digital financial transactions and account management. The company has 43 active competitors, including 5 funded and 7 that have exited. Its top competitors include companies like PayU, Flutterwave and Equiniti.

Sectors and market segments that Nagad operate in

Nagad serves in the FinTech market segments.The primary business model of Nagad are:

Company Details

Provider of a platform facilitating digital financial transactions and account management. It offers services such as account opening, fund transfers, and access to transaction history. The platform provides options for users to manage their finances digitally. It also offers customer support resources, including a help center and frequently asked questions.

Website: nagad.com.bd
Social
Email ID: *****@nagad.com.bd, *****@nagad.com.bd
Phone Number: +880 **********

Key Metrics

Founded Year

2018

Location

Dhaka, Bangladesh

Stage

Funding Raised

Investors

Inclusive Fintech 50

Ranked

4^th among 43 active competitors

Employee Count

141 as on Apr 30, 2026

Similar Companies

PayPal & 3486 more

View Nagad's full profile

Nagad is a funded company. Nagad has 1 institutional investor.

View details of Nagad's funding rounds and investors

The founders of Nagad is Tanvir A Mishuk.

Here are the details of Nagad's key team members:

Tanvir A Mishuk: Founder & Managing Director of Nagad.
Contact Info: 1 email address

View details of Nagad's Founder profiles and Board Members

Nagad's employee count trend

Nagad has 141 employees as of Apr 26. Here is Nagad's employee count trend over the years:

Uncover Nagad's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Nagad include PayU, Flutterwave and Equiniti. Here is the list of Top 10 competitors of Nagad, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	PayU 2002, Amsterdam (Netherlands), Series C	Provider of payment solutions and credit products for online merchants	$35.1M	Naspers, Prosus & 4 others	84/100
2nd	Flutterwave 2016, San Francisco (United States), Series D	Provider of payment solutions for online and physical business transactions	$489M	Greycroft, Mastercard & 71 others	83/100
3rd	Equiniti 2002, Lancing (United Kingdom), Acquired	Provider of financial technology and payment processing solutions	-	Strategic Equity Capital, Riverside	60/100
4th	Nagad 2018, Dhaka (Bangladesh), Funding Raised	Provider of a platform facilitating digital financial transactions and account management	-	Inclusive Fintech 50	59/100
5th	First Data 1971, Atlanta (United States), Acquired	Payments processing service provider	-	Stone Point Capital, W Capital Partners & 3 others	58/100
6th	Worldline Global 1970, Bezons (France), Public	Provider of payment processing solutions for merchants and financial institutions	-	Credit Agricole, Europa	56/100
7th	UnionPay Intl 2012, Shanghai (China), Funding Raised	Operator of payment network facilitating card and mobile-based transactions	-	Addor Capital, SAIF Partners & 11 others	54/100
8th	CyberSource 1994, Foster City (United States), Acquired	Platform offering E-Commerce payment management	-	Batterson Venture Capital, Upfront Ventures ... & 1 others	53/100
9th	Paysley 2005, Los Angeles (United States), Acquired	Non-card based payment processing solutions for businesses	-	-	45/100
10th	SSL Commerz 2007, Dhaka (Bangladesh), Unfunded	Online payment gateway	-	-	39/100