Nagad alternatives
short answerRanked by how closely they match Nagad on structure — custody, license type, card and overlapping markets — the nearest alternatives in the dataset are bKash, Airtel Payments Bank and Jio Payments Bank, which share the same traditional model, custodial custody, the same license type (Licensed bank) and the same audience (underbanked); all three are available in Asia. This is a similarity ranking from verified fields, not a popularity list or an editorial pick — all 8 peers are compared field by field below. No affiliate links.
The 8 closest alternatives
| neobank | type | hq | reported users | compare |
|---|---|---|---|---|
| bKash | traditional | Dhaka, BD | 70M users (2024) | vs Nagad → |
| Airtel Payments Bank | traditional | Delhi, IN | — | directory → |
| Jio Payments Bank | traditional | Mumbai, IN | — | directory → |
| GCash | traditional | Manila, PH | 94M users (2024) | directory → |
| TrueMoney | traditional | Bangkok, TH | — | directory → |
| WeBank | traditional | Shenzhen, CN | 400M customers (2024) | directory → |
| KakaoBank | traditional | Seongnam, KR | 23M customers (2024) | directory → |
| ANEXT Bank | traditional | Singapore, SG | — | directory → |
go deeperBack to the Nagad profile, ask who owns Nagad?, or filter your own shortlist in the directory.
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.