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Bangladesh
2018 (8 Years)
Last online: No recent activity
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License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Get to know Nagad
Company Information
Get to know Nagad
Launched on March 26, 2019, Nagad is a Mobile Financial Service (MFS) operated by Nagad Ltd. in partnership with the Bangladesh Post Office. Its mission is to accelerate financial inclusion for the unbanked and underbanked populations of Bangladesh by providing simple, secure, and affordable digital financial services. Core services include sending and receiving money, cash-in/cash-out, mobile recharges, bill payments, and merchant payments, all accessible through a mobile app and USSD codes.
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Review Analytic
oche4271
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Excellent
Overall Thought
Nagad is an exceptional company that has transformed the way financial services are delivered in my country. Their commitment to financial inclusion, user-friendly interface, reliability, and excellent customer support make them a formidable player in the industry. While there is room for further expansion, Nagad has undoubtedly empowered countless individuals and businesses, and I eagerly look forward to witnessing their continued growth and innovation in the future.
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