Mobile financial service provider Nagad has forged a corporate partnership with Pran-RFL Group.

To this end, both the organisations signed an agreement at Nagad’s head office. Executive Director of Nagad Ltd. Maruful Islam Jhalak and Finance Director of Pran-RFL Group Uzma Chowdhury, CPA represented their respective sides at the signing ceremony, underscoring the shared vision and synergy driving this alliance, according to a press release.

Mohammad Mahbub Sobhan, head of Business Sales at Nagad Ltd, and other high officials of the two companies were also present at the event, among others.

This collaboration signals a joint commitment to revolutionizing the way digital financial services are integrated with consumer goods and supply chain operation. The signing ceremony has marked the beginning of a collaborative journey towards shaping the future of digital financial services in Bangladesh, said the release.

With the convergence of Nagad’s innovative mobile financial solutions and Pran-RFL Group’s extensive industry footprint, this partnership promises to streamline transactions, enhance accessibility to digital financial services, and foster greater operational efficiency across the supply chain.

Capitalizing on Nagad’s state-of-the-art technology and Pran-RFL Group’s market expertise, both companies are poised to deliver unparalleled value to consumers and stakeholders alike, the release added.

Nagad, with a customer base of 9 crore and daily average transactions at Tk 1,800 crore, has already made partnerships with businesses of different sectors as it believes collaborative efforts matter the most when it comes to succeeding in the ever-evolving digital financial landscape, it said.