Nagad, the digital financial service of the Bangladesh Post Office, has set a record by processing transactions worth Tk 40,301 crore in January, marking the highest monthly volume in its history.

Within seven years of its journey, Nagad has established itself as a leading mobile financial service provider in Bangladesh, witnessing significant growth in both customer numbers and transaction frequency.

A major portion of the record-breaking transaction volume came from cash-in, cash-out, send-money services, various payments, utility bill settlements, mobile recharges and inward remittances, said a press release issued on Sunday.

Md Motasem Billah, Administrator of Nagad, expressed his appreciation to stakeholders, noting that the company’s focus on customer trust and user-friendly services has driven this growth.

He said that as the digital financial wing of the Bangladesh Post Office, Nagad is moving forward by ensuring greater security of customer funds and expanding its range of services, which continues to attract new users and increase engagement from existing customers.

The previous monthly high was recorded in October 2025, when transactions crossed Tk 34,705 crore.

Other notable transaction milestones include Tk 34,000 crore in March 2025 and Tk32,000 crore in June 2024.

The mobile financial service provider has continued its strong growth trajectory, recording a total transaction volume of Tk3.80 lakh crore in 2025—up from around Tk3.30 lakh crore in 2024.