Goh Peng Ooi, Southeast Asia’s renowned tech billionaire and founder of Silverlake Group, is poised to forge a partnership with Nagad, one of the leading mobile financial service providers in Bangladesh.

Expressing keen interest in Nagad's innovative approach and impressive track record, Peng Ooi sees this collaboration as a significant milestone, marking Silverlake Group’s inaugural partnership initiative in South Asia.

During a recent meeting between Tanvir A. Mishuk, CEO of Nagad Ltd., and Goh Peng Ooi at his residence in Malaysia, Peng Ooi was deeply impressed by Nagad’s customer-friendly innovations, remarkable acquisition of over 9 crore customers within just five years, and its distinctive business model.

Following the courtesy call, Mishuk extended an invitation to Peng Ooi to visit Nagad Ltd., as stated in a press release today.

Established in 1989, Silverlake Group is a leading software organization specializing in cutting-edge technology and financial solutions, providing support to more than 400 banks across over a hundred countries worldwide.

Notably, Silverlake Group’s technology plays a pivotal role in almost all banks in Singapore, including major institutions like United Overseas Bank (UOB) and Overseas Chinese Banking Corporation (OCBC). The group's business collaborations span across continents, encompassing Europe, America, Australia, Africa, and Asia.

During discussions with Mishuk, Peng Ooi revealed that while they had received numerous proposals from companies in various South Asian countries, including Bangladesh and India, Nagad stood out as a promising entity in the financial sector.

Under the proposed partnership, Silverlake Group aims to provide Nagad with access to its most advanced banking technologies. Nagad is optimistic that this collaboration will not only benefit its operations but also catalyze significant transformations in Bangladesh’s banking sector.

In response to Goh Peng Ooi and Silverlake Group’s interest in partnering with Nagad, CEO Tanvir A. Mishuk expressed his belief that this collaboration holds immense promise not only for Nagad but also for the entire nation of Bangladesh. Mishuk anticipates that this partnership will pave the way for a substantial revolution in the country’s banking landscape, ultimately benefiting millions of individuals across the nation.