Where is NASD located?

NASD is headquartered in Lagos, Nigeria.

How many employees does NASD have?

As of Aug 31, 2026, the latest employee count at NASD is 48.

Where does NASD rank among its competitors?

NASD ranks 10th amongst 21 active competitors, of which 3 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Groww, which secured $202M in Jun, 2025.

Who are the top competitors of NASD?

NASD's top competitors include Groww, Saxo Bank and Tiger Brokers. Among them, Groww secured the most recent funding round in June, 2025.

NASD - 2026 Company Profile, Team, Funding & Competitors

NASD is a public company based in Lagos (Nigeria), founded in 1998. It operates as an OTC trading platform for unlisted public company securities. The company has 21 active competitors, including 3 funded and 6 that have exited. Its top competitors include companies like Groww, Saxo Bank and Tiger Brokers.

Company Details

NASD is a provider of OTC trading platforms for securities of unlisted public companies registered with the Securities and Exchange Commission. It aims to increase liquidity for such securities thereby making trading more efficient. The two platforms available are BITS (bilateral inter-dealer trading system) proprietary to NASD, and leased trading platform from Nasdaq OMX. It covers Nigerian and West African markets.

Website: nasdng.com
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Key Metrics

Founded Year

1998

Location

Lagos, Nigeria

Stage

Public

Investors

Heirs Holdings

Ranked

10^th among 21 active competitors

Employee Count

48 as on Aug 31, 2026

Similar Companies

Saxo Bank & 1001 more

Exit Details

Public

View NASD's full profile

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

View details of NASD's funding rounds and investors

NASD's employee count trend

NASD has 48 employees as of Aug 26. Here is NASD's employee count trend over the years:

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Top competitors of NASD include Groww, Saxo Bank and Tiger Brokers. Here is the list of Top 10 competitors of NASD, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Groww 2016, Bengaluru (India), Public	Provider of digital brokerage services for stocks and mutual funds	$596M	Ribbit Capital, Kairos & 25 others	88/100
2nd	Saxo Bank 1992, Copenhagen (Denmark), Acquired	Provider of online trading platforms for stocks bonds and derivatives	$549M	ES Consultancy (Singapore) Ltd, General Atlantic ... & 6 others	78/100
3rd	Tiger Brokers 2014, Beijing (China), Public	Online trading platform for stocks and securities	$139M	China Growth Capital, Oceanpine Capital & 17 others	75/100
4th	Interactive Brokers 1977, Greenwich (United States), Public	Provider of online brokerage services and trading platforms	-	TCV, Bregal Sagemount	74/100
5th	Bamboo 2018, Lagos (Nigeria), Series A	Provider of digital brokerage services for stocks and financial assets	$17.5M	Greycroft, Tiger Global Management & 25 others	64/100
6th	Chaka 2019, Lagos (Nigeria), Acquired	Provider of a regular trading platform for stocks	$1.53M	Breyer Capital, Seedstars & 7 others	55/100
7th	Rise 2014, Lagos (Nigeria), Seed	App-based investment platform for stocks, real estate, and fixed income assets	$20K	Sutton Capital, Ventures Platform & 2 others	52/100
8th	Trove Technologies 2018, Lagos (Nigeria), Seed	Platform to invest in public traded equity, bonds & crtypto assets	$120K	Ventures Platform, Asset & Resource Management Company ... & 7 others	51/100
9th	Ladda 2020, Lagos (Nigeria), Funding Raised	App-based investment platform for mutual funds & stocks	-	-	38/100
10th	NASD 1998, Lagos (Nigeria), Public	OTC trading platform for unlisted public company securities	-	Heirs Holdings	37/100