From Nagad to a New Global Venture
Tanvir A Mishuk, one of Bangladesh’s leading entrepreneurs, is on his way to creating his second unicorn (a company valued at over $1 billion) within a year. His new company, a RegTech (Regulatory Technology) firm, is quickly gaining attention around the world.
The Man Behind Nagad’s Success
Mishuk is mainly known for his work as the founder and former managing director of Nagad, the fastest-growing digital finance company in Bangladesh. Introduced in 2019, Nagad made financial services easier for millions of people without access to traditional banks with the help of the Bangladesh Post Office.
Nagad became a unicorn in under three years, which is an uncommon accomplishment in the fintech (financial technology) industry in South Asia.
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A New Focus: RegTech for Global Finance
In September 2024, Mishuk started a new AI-powered RegTech company, based in San Francisco with another office in Frankfurt, Germany. The company offers a smart platform that helps banks and fintechs check risks in real time—covering areas like finance, cybersecurity, and regulatory compliance.
It helps companies make safer decisions faster by automating third-party risk assessments.
Experts Predict Another Unicorn
Industry experts believe this RegTech company could become a unicorn by the end of 2025.
“This isn’t just another compliance tool,” said Emma Lin, a fintech analyst at RegGlobal Insights. “Mishuk’s platform is changing the way digital finance and compliance work together.”
A History of Innovation
Mishuk has always been a pioneer. He helped launch Bangladesh’s first digital e-KYC (electronic Know Your Customer) system, which made opening digital financial accounts easier.
He also developed a hybrid strategy that included USSD, which is used on entry-level phones, and mobile apps to make financial services available to people without smartphones. These ideas helped Nagad grow, and other developing countries might use them as models.
Helping the World Go Digital
Beyond running companies, Mishuk is also a global fintech advisor. He works with governments and private organizations to build inclusive and scalable digital systems. His work covers embedded finance, AI-based compliance, and regulatory cooperation.
Award-Winning Visionary
In 2023, Mishuk received the Kotler Iconic Achiever Award for his leadership in digital technology and helping people gain financial access.
His efforts are helping shape the future of digital finance—not just in Bangladesh, but around the world.
A Real Success Story in Fintech
Tanvir A. Mishuk’s reputation is growing beyond his ability to launch businesses. He is now regarded as a strong leader in digital banking due to his expanding global success and track record of innovative ideas. Because of his ability to transform huge, audacious ideas into billion-dollar companies, he is frequently referred to as a “success machine.”
Source: MSN
