UAE based fintech, Codebase Technologies, has launched a fully automated and digital supply chain finance (SCF) solution to revolutionise MSMEs financing across MENA and APAC. The SCF offer developed on their tech platform Digibanc is aimed to support the needs of underserved MSMEs and address the gap of US45.2tn. As MSME’s across the world are facing credit constrains and inadequate access to finance, Codebase Technologies saw it as an opportunity and offered its development Digibanc to financial institutions.
Via Digibanc, financial institutions can offer digital SCF, BNPL for business, working capital lons, etc and better serve MSMEs in their region.