DHAKA, May 2, 2024 (BSS) - Nagad, the country's leading mobile financial
service provider, has forged a corporate partnership with Pran-RFL Group, one
of the country's largest conglomerates specializing in consumer goods.

This partnership marks a significant milestone in the evolution of digital
finance and consumer goods integration.

To this end, both the organizations 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, signed the agreement on behalf of their
respective sides underscoring the shared vision and synergy driving this
alliance, said 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.

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.

Nagad strongly believes this collaboration with Pran-RFL Group is an
important step towards reimagining the future of digital finance integration.
By harnessing the collective strengths, both organizations will work together
with an aim to drive innovations, expand financial inclusion, and enhance
lives of millions across the country.

Nagad, with a customer base of 9 crore and daily average transactions at Taka
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.