KUALA LUMPUR, Feb 12 (Bernama) — CIMB Bank and CIMB Islamic Bank (“CIMB”) and Shopmatic, a leading e-commerce provider in Southeast Asia since 2014, have entered into a partnership to help Malaysian SMEs build and scale-up their businesses in the e-commerce space. This is part of CIMB’s new three-pronged SME business proposition to provide a complete suite of financing and business solutions to its customers, comprising SME Financing (e.g., no-collateral and business property financing); SME Transact (cash management services); and SME Partners (providing services like logistics, workspace, digital connectivity, e-commerce, accounting and HR solutions).
With this partnership, SMEs in Malaysia stand to benefit from Shopmatic’s services, including setting up an e-commerce site, complete with a secure payment gateway, and guidance on the necessary technical know-how in starting and running an online business. Other advantages of Shopmatic include fully integrated services for shipping, social and digital marketing, point of sale and last-mile fulfilment.