LankaBangla Finance has signed an settlement with Dana Fintech, an embedded finance fintech, to launch a one-stop Digital Monetary Service (DFS) platform for CMSMEs & Retail Clients.
Managing Director and CEO of LankaBangla Finance Khwaja Shahriar and Co-founder and CEO of Dana Fintech Gazi Yar Mohammed signed the settlement at LBF’s Head Workplace just lately, reads a press launch.
Head of Retail Enterprise Khurshed Alam, Head of ICT Sheik Mohammad Fuad, Head of Small Enterprise Md Nurul Islam, Head of Retail Credit score Arif Hasan, Head of Model & Advertising Md Raziuddin of LBFL and on behalf of Dana Fintech, Co-founder & COO Zia Hassan Siddique, Head-Strategic Partnership Syed M Hassan Faruque and different senior officers of each organizations had been current on the occasion.
Below this partnership, LankaBangla will prolong digital deposit, BNPL and Credit score Card by digital onboarding and digital loans to underserved CMSMEs and retail prospects to leverage Dana’s lending infrastructure masking credit score scoring API, digital underwriting, BNPL engine and earned wage platform.
LankaBangla can even finance customers and retailers of Dana community companions like digital marketplaces and digital wallets.
This DFS platform will guarantee sooner digital onboarding of the customers from a number of acquisition channels and supply of the companies with none paperwork.
Your entire lending course of might be fully digitized, from utility to disbursement and compensation.