CIMB partners Shopmatic

Victor Lee Meng Teck, CEO, Group Commercial Banking, CIMB Group (second right); and Rafe Haneef, CEO, Group Transaction Banking, CIMB Group (far right) together with Anurag Avula, CEO/Founder, Shopmatic (far left) and Lim Yen Ti, COO, Shopmatic (second left) at the CIMB-Shopmatic partnership launch recently.

KUALA LUMPUR: CIMB Bank, CIMB Islamic Bank and Shopmatic, a leading e-commerce provider in Southeast Asia since 2014, have entered into a partnership to help small and medium enterprises (SMEs) scale up their businesses in the e-commerce space.

CIMB Group said it will provide a complete suite of financing and business solutions to its customers, comprising SME Financing (which provides business property financing), SME Transact (cash management services) and SME Partners (logistics, workspace, digital connectivity and accounting solutions, among others).