News

News

Dropee partners Grab financial for SME business financing product

Dropee partners Grab financial for SME business financing product

Malaysia-based B2B e-commerce marketplace, Dropee, introduced SME business financing on June 10 with Grab Financial - powered by their lending and P2P financing partner - as a partner to provide business financing to Dropee’s merchants and retailers.

The financing can be used by retailers to procure products directly from suppliers within the platform; with a financing tenure of up to 12 months. The partnership is based on a mission shared by both partners — to help merchants and retailers grow their businesses.