CIMB Bank and CIMB Islamic Bank announced a partnership with software and system integration company ModulEight Technologies to support the growth of micro, small and medium enterprises (MSMEs).
Through this partnership, MSMEs will be onboarded onto MESINKIRA, an integrated mobile business management solution.
MESINKIRA is a commercial platform that offers point-of-sale software including inventory management, payment and accounting, and reporting services to MSMEs.
This is the latest solution extended to CIMB’s SME customers to ease the transition to digitisation by lowering the barrier to entry for businesses wishing to digitise their operations.
The MSMEs will also be invited to complimentary webinars and workshops that include tutorials on the importance and methods of digitising business operations, as well as MESINKIRA’s digital payment function for businesses.
Victor Lee Meng Teck, Chief Executive Officer, Group Commercial Banking, CIMB Group said,
“The availability of this digital-first and cost-efficient solution is a highly practical value-add to MSMEs which will enable them to leverage business opportunities in the e-commerce sphere.
This latest offering also reaffirms CIMB’s continued commitment to support the development of MSME businesses, which form the backbone of the Malaysian economy, as they continue to accelerate their business growth post-pandemic.”
Syed Omar Almohdzar, CEO of MESINKIRA said,
“MESINKIRA intends to support and help MSMEs grow, digitalise their operations and boost their net income and creditworthiness.
This is achievable through our Retail Operations Support System (ROSS) which is truly end-to-end, easing business operations and reconciliation.”
