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 May 31, 2026, the latest employee count at Nagad is 140.

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 5th amongst 44 active competitors, of which 5 are funded. It stands 5th 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 First Data. Among them, PayU secured the most recent funding round in July, 2025.

Nagad - 2026 Company Profile, Team, Funding & Competitors

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

5^th among 44 active competitors

Employee Count

140 as on May 31, 2026

Similar Companies

PayPal & 3573 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 140 employees as of May 26. Here is Nagad's employee count trend over the years:

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Top competitors of Nagad include PayU, Flutterwave and First Data. 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 online payment solutions and financial services for businesses	$35.1M	Naspers, PROSPER & 5 others	84/100
2nd	Flutterwave 2016, San Francisco (United States), Series D	Provider of payment solutions for online and physical business transactions	$489M	Greycroft, Tiger Global Management & 71 others	83/100
3rd	First Data 1971, Atlanta (United States), Acquired	Payments processing service provider	-	Owl Capital Group, W Capital Partners & 4 others	63/100
4th	Equiniti 2002, Lancing (United Kingdom), Acquired	Provider of financial technology and payment processing solutions	-	Strategic Equity Capital, Riverside	61/100
5th	Nagad 2018, Dhaka (Bangladesh), Funding Raised	Provider of a platform facilitating digital financial transactions and account management	-	Inclusive Fintech 50	59/100
6th	UnionPay Intl 2012, Shanghai (China), Funding Raised	Operator of payment network facilitating card and mobile-based transactions	-	SAIF Partners, China Merchants Capital & 11 others	57/100
7th	CyberSource 1994, Foster City (United States), Acquired	Platform offering E-Commerce payment management	-	Batterson Venture Capital, VCapital & 1 others	56/100
8th	Worldline 1972, Paris (France), Public	Provider of payment processing solutions for merchants and financial institutions	-	Europa, Credit Agricole	56/100
9th	Paysley 2005, Los Angeles (United States), Acquired	Non-card based payment processing solutions for businesses	-	-	43/100
10th	SSL Commerz 2007, Dhaka (Bangladesh), Unfunded	Online payment gateway	-	-	39/100