Nagad has turned into a billion dollar company in just 3 years, according to ICT State Minister Zunaid Ahmed Palak.

The ICT State Minister mentioned this during the official inauguration of the 'Meghna Pay' banking service at The Westin Dhaka recently.

According to the ICT State Minister, Nagad has achieved this momentous feat with the integration of ICT Division's Porichoy service and partnership with the Post and Telecommunication Ministry.

He also mentioned that the world is now being controlled by soft powers, which will lead the world in the future.

Nagad is a Bangladeshi digital financial service that operates under the Bangladesh Post Office, a department of the Ministry of Post and Telecommunications.