Head – Financial Services, SME Business & Supply Chain Finance
SCF is an area of great focus for IndusInd Bank. We extensively studied various SCF technology solutions in the market and finally zeroed in on Veefin to replace our existing SCF platform. Veefin’s proposition as a tech partner that brought to us the complete onboarding to underwriting to loan management journey was superior to others and it helped us transition from manual, semi-digital processes to a state-of-the-art end to end digital process. The Veefin team has also been very responsive in their implementation and worked like a true partner. This has helped IndusInd extend its leadership position in the Indian SCF market
Anup Agarwal
Co-Founder & CEO
“Mintifi has scaled across 10 industry segments, 100 + enterprises across 9000+ distributors & dealers. The only way this would have been possible is with Veefin’s very user-friendly platform where the capital user finds it hassle-free to transact which is convenient & swift. Veefin’s capability in integrating with all the stakeholders Mintifi as Lender, Enterprise, and SMEs gives us an edge in growing our volumes.”
M Masrur Reaz
Managing Director
“Bangladesh Bank has approved guidelines for setting up and operating a digital platform for facilitating the financing of trade receivables of MSMEs from corporate and other buyers through multiple financiers. Veefin has been an amazing tech partner in implementing and building the digital platform from scratch and we were able to launch the platform within months with Veefin’s Ready Go Live SCF Technology Products.”
Mashrur Arefin
CEO
City Bank over the years has grown to one of the leading Private Sector Banks in Bangladesh. Its mission “Prospering Bangladesh” required a lot of transformation from fragmented IT system, manual process, analyzing data, operational Risk, and creation of new products. Veefin’s solution helped the Bank in creating a straight-through process, and digitalizing the entire journey from customer acquisition to underwriting and transaction management. It helped us automate internal procedures, reporting systems, and Risk Management.
Uzma Chaudhary
Chief Financial Officer
Veefin embedded their solution within our ERP and ordering systems and allowed us to be the first and only corporate in Bangladesh to deal with multiple banks for our SCF business without leaving our platform. They have always been at the forefront of SCF thought leadership and have been a very responsive partner
Khorshed Anowar
Deputy Managing Director, Eastern Bank Limited
We at EBL understand the value of technology in creating optimal customer experience and partnering with Veefin has helped us in achieving our vision.
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