A unicorn is a startup marked at USD 1 Billion or more. These are highly innovative and market disruptive startups. Bangladesh has more than 14.6K+ startups. Of these, 2 have become Unicorns, with the latest entrant to the club being Nagad on Jun 10, 2023. In 2026, Bangladesh has seen no new unicorn startups.
Globally, Bangladesh is number 41 in terms of total Unicorns created, behind Argentina (2 unicorns) at rank 40 and Algeria (2 unicorns) at rank 39. Dhaka leads the list of cities in Bangladesh with most unicorns at 2. Among sectors, FinTech has seen the most unicorns created at 2, followed by Retail at 1.
Here is a list of all 2 unicorns created in Bangladesh:
2. Nagad
Nagad joined the Unicorn Club on Jun 10, 2023
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.
Key facts about Nagad
- Founded Year: 2018
- Location: Dhaka (Bangladesh)
- Stage: Funding Raised
- Primary Sector: Payments
- Time to Unicorn: 5 years 5 months
- Top investors : Inclusive Fintech 50
- Employee Count: 143 as on Jun 30, 2026
1. bKash
bKash joined the Unicorn Club on Nov 14, 2021 after raising a $250M Series C funding round led by SoftBank Vision Fund, valuing it at $2B.
Mobile financial services and payment systems for consumers. It features a solution for money transfers, mobile recharges, utility bill payments, and others. Users can dial a number to initiate the transaction, fill in the account, and amount, and the money will be sent to the receivers mobile. Application is made available on Android and iOS platforms.
Key facts about bKash
- Founded Year: 2011
- Location: Dhaka (Bangladesh)
- Stage: Series C
- Primary Sector: Digital Remittance and Payments
- Time to Unicorn: 10 years 10 months
- Top investors : SoftBank Vision Fund, Gates
- Valuation: $*****
- Total Funding till date: $261M
- Employee Count: 5,515 as on Jun 30, 2026
- Latest Funding Round: Series C, Nov 14, 2021, $*****
