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Logo is the main identification of any company. Logos have helped companies become brands and there is a whole industry of logo designing which is progressing with each passing day. We have added our contributions for making it easy for designers to download hundreds and thousands of logos for free along with popular variants including PNG, SVG, AI and Vector. Here, you will know about history, evolution and building of Nagad logo.
Nagad is a Bangladeshi based digital platform for financial services and it is operated under the authority of BPO (Bangladesh Post Office). This application is also attached with Ministry of Post and Telecommunications Bangladesh.
It was launched in 2019 and it is a replacement of EMTS (Electronic Money Transfer System) and Postal Cash Card. Within a small period of time, Nagad has become a huge asset for the country which is now valued at 1 billion US dollars.
Nagad has given a hard time to bkash which is also a Bangladeshi based electronic money transfer. Its headquarters is in Dhaka. The concept of Nagad was put forward by the Third Wave Technology and an agreement was made by the company and Bangladesh Post Office. Nagad changed its logo three times in the following years.
The agreement between Bangladesh Post Office and Third Wave Technologies was over profit sharing even though BPO does not own the company. Since it the app was linked to governmental operations, the profit was then distributed between the two parties. Nagad changed its logo in the following ways.
This year, the logo had a two-layered red half circle and is completed by a customized banner. In the banner, text is written in red color in Bangladeshi language. In the circle, there is text in red color and there is a red human figure facing left caring a lantern and a staff with a sharp and pointy end. The human figure seems be to carrying a post card bag on the back.
In this year, the human figure is now in a customized circle made of 4 different shapes. On its right, there is text written in two columns in red and black color.
In this year, the circle is given a 3D look and below it, there is text in red color which we think is the name of the company.
Third Wave Technologies changed its name to Nagad. BPO owns 51% shares of Nagad and now the authorities are trying to connect the platform with central bank of the country. Nagad logo is based on the following things.
In the first year, only red and white colors were used. In the second year, orange, red and black colors were used. Last year, only red and orange colors are used.
In all the years, the fonts are completely customized.
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In a very short period of time, Nagad changed its logo quite a lot and such practice is seen very less by new startups. The first logo clearly represents the post card delivery man and the last two logos have an orange and red circle which gives a representation of fire. We are not sure about its exact meaning. You can download PNG format for Nagad logo for free.
Nagad logo was designed by Third Wave Technologies.
You can download Nagad logo PNG format to get an HD print out.
You can download Nagad logo SVG variant for free from VectorSeek.
