UBL and CashNow Partner to Launch Digital Supply Chain Finance Solution for SMEs

UBL and CashNow Partner to Launch Digital Supply Chain Finance Solution for SMEs

United Bank Limited (UBL) has partnered with leading fintech platform CashNow to launch a transformative digital supply chain finance solution, aimed at empowering businesses—particularly small and medium enterprises (SMEs)—with faster access to working capital.

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The strategic alliance, formalized at UBL’s Head Office in Karachi, will enable UBL customers to receive early payments against approved invoices through a seamless, tech-powered platform developed by CashNow.

“United Bank is committed to fostering growth across all business sectors, with a strong focus on supporting SMEs,” said Abdul Aleem Qureshi, Group Executive, Branch Banking Group at UBL. “This initiative reflects our dedication to delivering digital-first financial solutions that help businesses scale efficiently.”

Saeed Iqbal, Director and Co-Founder of CashNow, added: “We are honoured that United Bank has entrusted CashNow with this pivotal supply chain finance initiative. This collaboration is a significant step towards advancing financial and operational excellence across Pakistan’s supply chains.”

The partnership reinforces UBL’s position as a leader in digital banking innovation and contributes to broader economic development goals by improving liquidity, enhancing operational efficiency, and supporting business continuity for enterprises across the country.