PriyoShop retailers to get easy financial solution through credit card from LankaBangla
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.
To enhance their buying capability PriyoShop and LankaBangla have signed an agreement.
In response to the strategic partnership with LankaBangla Finance PLC, Asikul Alam Khan, Founder & CEO of PriyoShop, expresses, "This collaboration aligns seamlessly with PriyoShop's vision of fostering fintech inclusivity for MSMEs in Bangladesh. We are poised to redefine the dynamics of the retail landscape. The shared commitment to empowering businesses is a testament to our dedication to facilitating growth and providing valuable support to the vibrant MSME community. We are excited about the possibilities this partnership holds, and are eager to embark on this journey of positive transformation alongside LankaBangla Finance PLC."
Mr. Khurshed Alam, SEVP & Head of Retail Business at LankaBangla Finance PLC, expresses, "Through this collaboration, we are opening a new opportunity for enlisted retailers of PriyoShop to enhance their purchasing capabilities. LankaBangla Finance PLC and PriyoShop are committed to undertaking further initiatives soon to empower more effectively."
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