bKash vs Nagad

traditional vs traditional · from the open dataset of 357 tracked neobanks · no affiliate links, ever

bKash: Bangladesh's mobile money giant; 70M+.

Nagad: Postal-linked mobile money.

Side by side

	bKash	Nagad
Category	traditional	traditional
Audience	underbanked	underbanked
HQ	Dhaka, BD	Dhaka, BD
Founded	2011	2019
Custody	Custodial	Custodial
Regulation	Licensed bank	Unclassified
Licence detail	MFS licence (Bangladesh Bank)	—
Card	No card	No card
Cashback	—	—
Yield	—	—
Stablecoins	No	No
KYC	Yes	Yes
Regions	Asia	Asia
Reported users	70M users (2024)	—

go deeperFull profiles: bKash · Nagad — or run your own comparison of up to four 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.