BFM 89.9
The Business Station
Can B2B 'Buy Now, Pay Later' Fix Quick Financing Needs for SMEs?
42 mins·10:00, 3 May 2023
Can B2B 'Buy Now, Pay Later' Fix Quick Financing Needs for SMEs?
42 mins
·
10:00, 3 May 2023
·
Recommended
44 mins
10 mins
29 mins
Guest: Shafik Ali, Founder & CEO, du-it Malaysia
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.
Presenter: Roshan Kanesan
Producer: Roshan Kanesan
Share:
Recommended
Apr 28
·
44 minsCan Get It Fresh Deliver on a RM10M Valuation?
Apr 25
·
29 minsHow Little Fat Duck Grew Beyond the Truck
Recent episodes
0
Latest stories
Podcasts · May 9 · 7:30AM
Symphonic Image
23 mins
Podcasts · May 9 · 23 mins
Symphonic Image
Podcasts · May 9 · 7:00AM
The Nutcracker
20 mins
Podcasts · May 9 · 20 mins
The Nutcracker
Videos · May 9 · 7:00AM
Anak Tertinggal Dalam Kereta
2 mins
