Meridian Finance & SSD-Tech Partners to Provide Finance to MSE e-commerce Retailers

Meridian Finance and Investment Limited (MFIL) and Systems Solutions and Development Technologies Limited (SSD-TECH) have recently signed a Memorandum of Understanding (MOU) to provide finance to Micro and Small (MSE) e-commerce retailers of the country.

Mr. Irteza Ahmed Khan, Managing Director & CEO of MFIL and Mr. Hasan Mehdi, CEO of SSD-TECH signed the agreement on behalf of their respective organizations.

A consortium of SSD-TECH, eCourier Limited and Mind Initiatives Limited is a grantee under the Business Finance for Poor in Bangladesh (BFP-B) Challenge Fund Round-2 funded by DFID. BFP-B is catalyzing private sector investment in developing new prototypes and bringing to scale viable business models that serve small businesses based on understanding the challenges small businesses face in accessing and using financial services. The consortium is aimed at providing Access to Finance and Outsourcing Services for MSE e-commerce retailers.

Mr. Irteza Ahmed Khan, Managing Director & CEO of MFIL, Mr. Hasan Mehdi, CEO of SSD-TECH, Mr. Mohiuddin Rasti Morshed, Chief Executive of Mind Initiatives, Mr. Biplob Ghosh Rahul, CEO of eCourier, Mr. Md. Abdul Ahad, FCA, CFO and Company Secretary of MFIL, Ms. Sabiha Jahan, Head of CRM & Operations of MFIL, Mr. Md. Sadiqur Rahman Chowdhury, COO of eCourier, and Mr. Md. Al-Beruni, Manager (Finance) of SSD-TECH were present during the signing ceremony.

Tech and Teen

Recent Posts

Pepe Jeans Powers up in Jaipur with its Biggest Indian Store Yet

Denim lovers in the Pink City have a new reason to celebrate. Pepe Jeans London,…

1 month ago

Shafayat Alam takes helm as CEO of Nagad

Md. Shafayet Alam has taken over as the Chief Executive Officer (CEO) of Nagad Ltd.,…

1 month ago

Global Investors Witness PriyoShop’s Impact Firsthand

PriyoShop, Bangladesh’s leading B2B marketplace and smart distribution platform, is on a mission to reshape…

1 month ago

Buyers win iPhones by buying products from ‘Beauty Booth’

Buyers get iPhones and other prizes by buying products from ‘Beauty Booth’, a popular brand…

1 month ago

TECNO launches MEGABOOK T1 14 and MEGABOOK K16S laptops in Bangladesh Promising bigger and better performance

Global technology brand TECNO has been adding new products to its portfolio to live up…

1 month ago

Which Technology of Water Filter is Good for Bangladesh?

Many types of technology of water filter are currently in operation for Bangladesh. Among the…

1 month ago