E-Processing Systems’ flagship fintech platform Oneload has joined hands with Kuunda Pakistan. With the aim to solve the liquidity challenges faced by informal micro retailers and small businesses in Pakistan to grow their businesses and build economic resilience. OneLoad’s retailers can now access real-time transnational liquidity products, working capital loans and other tailored growth financing products across the country.
Oneload is one of the largest mass market financial access platforms in Pakistan enabling its retailers to deliver telecom, digital payments and banking services to several million unbanked customers each month. OneLoad’s vision is to fully digitize supplier payment settlements and digital payment acceptance for micro-retailers.
As of today, Oneload has expanded its network to 50,000+ retailers whilst the company has also received in-principle approval from the State Bank of Pakistan (SBP) to operate as an Electronic Money Institution (EMI).
Kuunda Pakistan has been formed as a Joint Venture between Kuunda Holdings and an embedded finance platform Neem Kuunda Holdings, with its global footprint, has provided financial access to loans for more than 160,000 informal agents and retailers, worth more than $150 million, through 12.5 million individual disbursements across the globe. Neem is focused on providing Financial Wellness via embedded financial services products to underbanked communities in Pakistan.
With mobile money transactions valuing more...
Read Full Story: https://www.techjuice.pk/oneload-partners-with-kuunda-pakistan-to-provide-tailored-liquidity-solutions-for-pakistani-retailers/
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