Nagad, the digital financial service of the Bangladesh Post Office, has set a record by processing Tk40,301 crore in transactions in just-concluded January this year, marking the highest monthly volume in its history.
Within seven years of its journey, Nagad has established itself as a leading mobile financial service in Bangladesh, seeing significant growth in both customer numbers and transaction frequency, according to a press release.
A major portion of this record-breaking volume came from cash-in, cash-out, send-money, various payments, utility bill settlements, mobile recharges, and inward remittances.
Nagad Administrator, Md Motasem Billah expressed his appreciation to stakeholders, noting that the company’s focus on customer trust and user-friendly services has driven this growth.
He also said that as a digital financial wing of the Bangladesh Post Office, Nagad is moving forward by ensuring greater security of customer funds and expanding its service range, which continues to attract new users and increase engagement from existing ones.
The previous monthly high was recorded in October 2025, when transactions crossed Tk34,705 crore. Other significant transaction milestones include Tk34,000 crore in March 2025 and Tk32,000 crore in June 2024.
The mobile financial service provider continues its strong growth trajectory as it recorded a total transaction volume of Tk3.80 lakh crore in 2025, which was a notable increase from the around Tk3.30 lakh crore transacted in 2024.
