BRAC Bank and PriyoShop Launch Embedded Credit Access for Micro-Retailers
PriyoShop, Bangladesh’s leading B2B platform and smart distribution has partnered with BRAC Bank PLC, the country’s number 1 SME bank and the largest provider of collateral-free loans, to introduce a first-of-its-kind embedded credit solution for micro and small retailers.
This strategic partnership aims to bridge the financing gap for millions of underserved micro-retailers across Bangladesh by enabling seamless access to working capital directly within PriyoShop’s digital ecosystem. With data-driven credit scoring and real-time visibility into retailer transactions, BRAC Bank will offer collateral-free credit that is fast, flexible, and tailored to the unique needs of the informal retail sector.
Syed Abdul Momen, Additional Managing Director and Head of SME Banking, BRAC Bank, said: “T...