CIMB and Axiata Teams up To Offer Financing Solutions to 700,000 SMEs
by Fintech News Malaysia August 9, 2019CIMB Group has entered into a partnership with Axiata Digital Capital to help 700,000 SME customers in Malaysia and Indonesia to access financing solutions. This will be done through Axiata Digital Capital’s micro lending platform, Aspirasi.
Victor Lee, CEO Commercial Banking, CIMB added that through this partnership they aim to fulfill SME needs based on their different business life stages.
Axiata Digital Capital’s CEO, Sheyantha Abeykoon shared that the digital financing platform, Aspirasi offers a digital loan application journey with instant underwriting and fast disbursement, offering customers an unparalleled experience from any offered in the market today.
The partnership will leverage on ADC’s various regional digital platforms, particularly in Indonesia where ADC hosts 600,000 merchants
