BFM 89.9

HIGHLIGHTS 
Podcast  >  Enterprise  >  Open For Business  >  Can B2B 'Buy Now, Pay Later' Fix Quick Financing Needs for SMEs?

Can B2B 'Buy Now, Pay Later' Fix Quick Financing Needs for SMEs?

Shafik Ali, Founder & CEO, du-it Malaysia

03-May-23 10:00

Can B2B 'Buy Now, Pay Later' Fix Quick Financing Needs for SMEs?

Money may make the world go round, but credit keeps it moving smoothly in the business world. Traditionally credit terms have been the staple in business to business dealings, but in order to help address cash flow issues a variety of financing solutions have come about, including invoice financing, P2P financing, trade financing, and now Buy Now Pay Later or more commonly known as BNPL.

While mostly focused on supporting consumer purchases, BNPL has made it into the B2B space, which is a much larger market, worth around $125 trillion in 2018 according to Statista data.

Today on Open for Business, we explore the potential of B2B BNPL with Shafik Ali, co-founder and CEO of du-it Malaysia, a Malaysia-based Islamic Fintech firm.

du-it was recently shortlisted as one of the Top 11 startups for RHB accelerator programme.

Produced by: Roshan Kanesan

Presented by: Roshan Kanesan


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  technologyeconomyentrepreneursSMEfinancial wellness

Tags:  Consumer FinanceIslamic Fintechbnplsmeb2bstartupfintech





Play / Pause

Listen now : Discovery Hour: By The Book: Children’s Book Club - The Magic Faraway...

Today’s Shows



6:00 AM

The 6AM Stretch

7:00 AM

World Market Watch

Vishnu Varathan, Head of Economics & Strategy, Mizuho Bank

7:15 AM

Morning Brief

7:30 AM

Morning Brief

Khoon Goh, Head of Asia Research, ANZ Bank

7:45 AM

Top Story

Professor Dr. Azmi Hassan, Political Analyst and Senior Fellow, Nusantara Academy for Strategic Research

8:00 AM

The Breakfast Grille

Mark J. Rozell, Dean, Schar School of Policy & Government, George Mason University

8:30 AM

Morning Brief

Nischal Ranjinath Muniandy, Senior Executive of Research, Institute for Democracy and Economic Affairs (IDEAS)

8:45 AM

Morning Brief

9:00 AM

Opening Bell [Repeat]

Vishnu Varathan, Head of Economics & Strategy, Mizuho Bank

9:15 AM

Opening Bell

9:35 AM

Ringgit & Sense

Kelvin Goh, Portfolio Manager, R3 Asset Management Pte Ltd

10:05 AM

Open For Business

Junaid Wahedna, Chairman & CEO of Wahed

11:00 AM

Tech Talk

Eli Serota, Director in Cybersecurity and Data Privacy Communications, FTI Consulting

12:00 PM

Enterprise Explores

Vincent Fong, Chief Editor, Fintech News Malaysia | Ravi Kittane, Partner, EY

1:00 PM

The Breakfast Grille Repeat

Mark J. Rozell, Dean, Schar School of Policy & Government, George Mason University

2:05 PM

Discovery Hour

By The Book: Children’s Book Club - The Magic Faraway Tree; Declan Goh

3:05 PM

Beyond the Ballot Box

Reflections on James C. Scott’s Views of Resistance, Capital and the State; Meredith Weiss, Professor of Political Science, University of Albany | Ooi Kok Hin, Political Sociologist

4:05 PM

Health & Living

The Right Medicine For The Right Person; Dr Rebecca Tay, Secretary, Precision Medicine & Scientific Wellness Association

5:00 PM

Top 5 at 5

6:00 PM

Talkback Thursday

8:00 PM

Beyond the Ballot Box (REPEAT)

9:00 PM

I Love KL

10:00 PM

Back To Back