KARACHI: United Bank Limited (UBL) has announced a strategic partnership with CashNow, a leading fintech platform, to introduce a cutting-edge Digital Supply Chain Finance solution. The agreement was formally signed at UBL’s Head Office in Karachi, marking a significant milestone in the bank’s digital transformation journey.
Through this collaboration, UBL will empower its customers with early payment solutions against approved invoices, streamlining cash flow management and strengthening business operations, particularly for Small and Medium Enterprises (SMEs).
“United Bank is committed to fostering growth across all business sectors, with a strong focus on supporting SMEs,” said Abdul Aleem Qureshi, Group Executive, Branch Banking Group, UBL.
Saeed Iqbal, Director and Co-Founder of CashNow, expressed confidence in the alliance, stating, “We are honoured that United Bank has entrusted CashNow with this pivotal Supply Chain Finance initiative.”
The partnership aims to drive financial and operational efficiency in supply chain finance by leveraging technology-driven solutions. It further solidifies UBL’s position as a pioneer in digital banking, aligning with Pakistan’s broader economic development goals through scalable financial innovations.
