Zindigi powered by JS Financial institution, a number one Pakistani industrial financial institution has partnered with Chikoo, Pakistan’s premier small enterprise administration platform, to launch Pakistan’s first built-in monetary companies resolution.
By way of this alliance, entrepreneurs have entry to a full suite of banking companies together with instant entry to funds obtained digitally, invoice funds, worker payroll, provider funds & entry to small enterprise financing. Small enterprise house owners and their groups may even obtain a free debit card for digital transactions and money withdrawals.
Central to the mission of empowering small companies, Chikoo has developed to allow small enterprise house owners to simply handle each side of their enterprise, from gross sales, ecommerce, accounting, logistics, advertising and marketing, funds and human assets – permitting them to construct higher, rising & extra worthwhile companies. The Chikoo platform places enterprise knowledge possession, privateness and safety on the coronary heart of its service provider expertise. As Pakistan’s solely PCI-DSS compliant ecommerce platform, Chikoo reaffirms its dedication to delivering enterprise-grade enterprise expertise options to the smallest of companies with out compromise.
Noman Azhar, Chief Officer Zindigi mentioned “Zindigi is all about listening to our clients and offering them not solely with the requisite companies but in addition the expertise that makes their lives simpler. Our partnership with Chikoo to offer pockets companies for SMEs and an unique debit card is one other step in the direction of constructing the resilience of small enterprise in Pakistan, in an more and more difficult financial atmosphere.”
Salaal Hasan, Head of Ecosystem Growth – JS Financial institution said “Small companies are the spine of the Pakistani economic system. In-line with the imaginative and prescient of the State Financial institution of Pakistan, we’re working to drive the expansion of small companies and subsequently help the expansion of the nationwide economic system. We foresee that our partnership with Chikoo will purpose to assist greater than 5 million small companies in Pakistan, driving equitable progress and democratizing entry to e-commerce and digital monetary companies”.
Raza Matin, co-founder of Chikoo mentioned “In Chikoo we have now constructed a service provider platform that gives the instruments which have been historically solely out there to giant enterprises, to the smallest of companies. During the last 12 months, tens of 1000’s of retailers have signed up and have been utilizing Chikoo to construct higher companies – nonetheless, the one set of challenges that stored developing in our conversations with our clients, notably girls, was the arduous means of opening up financial institution accounts, establishing digital funds and entry to finance.
Not glad with the present service provider expertise, we set about to re-imagine how monetary companies needs to be delivered to entrepreneurs, in partnership with our companions at JS Financial institution Zindigi.”
Faizan Siddiqi, co-founder of Chikoo, added “efficiently extending monetary companies to the bottom aggregated financial unit (small companies), requires a solution-oriented mindset past opening extra branches and issuing new debit playing cards. A transfer is required in the direction of fixing actual enterprise challenges, which for small enterprise house owners might be so simple as understanding the worth of your stock available, or guaranteeing there are adequate funds out there for payroll on the finish of the month.
We consider by marrying expertise, intuitive design and monetary companies, we can assist tens of millions of small enterprise house owners within the area unlock progress, and higher financial outcomes for themselves.” Zindigi serves the following era of consumers, with a design philosophy to make banking easy. Loaded with probably the most revolutionary product suite out there together with funding in shares, mutual funds, request cash et al. inside a totally customizable app interface