Dhaka, Oct. 22 -- Inclusive Fintech 50, a renowned group of global organisations driving innovation and investment in financial services for the low-income population, has listed Bangladesh Postal Department's digital financial service Nagad as its top cohort of fintech startups for 2020, said a press release.

The announcement came on Tuesday. Nagad, the fastest growing mobile financial service in Bangladesh, was selected in the payments category among a pool of 403 applications operating in 111 countries.

Inclusive Fintech 50 was founded by MetLife Foundation and Visa, with support from Accion and the International Finance Corporation (IFC), and additional funding from BlackRock and Jersey Overseas Aid & Comic Relief. This was the seco...