Tanvir A Mishuk, Founder and Managing Director of Nagad, has been named ‘Fintech Personality of the Year 2022’ by the UK-based Global Brands Magazine. Additionally, the postal department’s mobile financial service ‘Nagad’ won ‘the best innovative digital financial services brand’ recognition.
The prestigious publication ‘Global Brands Magazine’ recently announced the award in its 10th edition. The magazine has been recognizing innovations and accomplishments in several businesses such as fintech, banking, education, and technology. This year, the magazine awarded the best organizations in 11 industries, including airlines, banking and finance, fintech, consultancy, education, education technology, the stock market, insurance, investment, leadership, and technology.
This year, Sergey Sedov of Robocash Group of Singapore, won the ‘Financial Technology Leader of the Year Award’ Singapore, Simon Hu of Ant Group of China won the ‘Best Financial Technology Leader Award’, Shayne Nelson of Emirates NBD won the award for ‘Best Financial Leader’ from UAE and ‘Vijay Shekhar Sharma of PayTM’ won the award for Best Fintech Leader Award from India.
Tanvir A Mishuk has been selected for his exceptional contribution to financial inclusion through ‘Nagad’. He has managed to bring over six crore people into financial inclusion in only three years, who were previously excluded from financial inclusion.
Regarding the award, Tanvir A Mishuk, Founder and Managing Director of Nagad Ltd. said,” Winning awards is not my key objective. Yet, I am happy that the award acknowledged my work. I am even more delighted that the world-renowned organization honored my organization as the most innovative digital financial services provider. The accomplishment belongs to my hardworking colleagues as well, in whose hands, I believe Nagad will continue to grow.”
Nagad has positioned itself as the country’s second-largest MFS provider in less than 2 years through a series of innovations and customer-centric services since its establishment. In appreciation of which, ‘Nagad’ has already garnered a number of significant awards from both domestic and international institutions. Following this, Global Brands Magazine named ‘Nagad’ the Best Innovative Digital Financial Services Brand of 2022.
Earlier, in 2021 ‘Inclusive Fintech 50’, a well-reputed group of global organizations selected Nagad as the world’s best fintech startup of the year. Such acknowledgment is rare among South Asian businesses.
In the same year, Nagad was recognized through ‘WITSA Global ICT Excellence Award-2019’ at the World Congress of Information Technology conference. Nagad was the first MFS from Bangladesh to bag this award for accelerating the country’s financial inclusion. Previously, the Bangladesh government awarded ‘Nagad’ in recognition of its contribution to building a digital Bangladesh at the ‘Digital Bangladesh Fair 2020’.
In 2021, about 21 million customers have created Nagad accounts by simply dialing *167#, setting a new record for opening mobile financial accounts. The process of creating an account by dialing *167# is one of the most notable innovations of Nagad, which has revolutionized the entire mobile financial sector last year. ‘Nagad’ has already earned accolades from the global arena, as well as many international honors for introducing this first of its kind cutting-edge technology.