, Feb. 1 -- 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 th...