Washington D.C March 2023 – ShopUp joins the SME Finance Forum as the newest member of our global membership network. Our members are SME financing experts from 80+ countries who share the common goal of expanding access to finance to small businesses worldwide through knowledge exchange and innovation.
“Since 2016, we’ve been implementing our mission to build a global membership to support better SME financing, and since then, we’ve established a network with over 240 active member institutions, which operate in over 190 countries sharing the common purpose of helping under-served enterprises. We are delighted to welcome ShopUp, Bangladesh's leading full-stack B2B commerce platform for small businesses,” said Matthew Gamser, CEO of the SME Finance Forum.
ShopUp connects mills and manufacturers to small shops, digitizing and modernizing Bangladesh’s retail space.Their vision is to create a seamless network of small shops that can reach 80 million people with food and essentials.
“By joining the SME Finance Forum, we hope to showcase our own findings while learning from other institutions on fintech in emerging markets,” says Md. Arfan Ali, co-founder of Onkur Digital Limited, ShopUp’s financial arm.
About SME Finance Forum
The SME Finance Forum was established by the G20 Global Partnership for Financial Inclusion (GPFI) in 2012 as a knowledge center for data, research, and best practice in promoting SME finance. As an implementing partner for the GPFI, the International Finance Corporation (IFC) was tasked with managing the initiative. The Forum operates a global membership network of +240 members that brings together financial institutions, technology companies, and development finance institutions to share knowledge, spur innovation, and promote the growth of SMEs.
Discover the SME Finance Forum members:
ShopUp is Bangladesh's leading full-stack B2B commerce platform for small businesses. They help small retailers overcome challenges in accessing a wide array of products in a timely manner and receive financing from traditional banks. ShopUp’s vision is to create a seamless network of small shops that can reach 80 million people with food and essentials.