An agreement was recently signed between leading B2B marketplace PriyoShop.com and LankaBangla Finance PLC to collaborate with retailers. Through this agreement, the retailers of PriyoShop will easily get financial solution through credit card from LankaBangla. On this occasion, the agreement was signed by Asikul Alam Khan, Founder and CEO of PriyoShop, and Khorshed Alam, SEVP and Head of Retail Business of LankaBangla Finance PLC.
There are more than 5 million retailers in Bangladesh who contribute more than 30% of Bangladesh's GDP.
To empower the MSMEs and digitalize them PriyoShop started its business. But while working with them, it is observed and discovered by PriyoShop that the biggest pain point of these MSMEs is the finance problem. They don't have enough capital to buy their goods. So they lose their customers and time even if they have the opportunities.
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