With the aim of reshaping the healthcare ecosystem, MEDZnMORE has entered into a strategic partnership with one of Pakistan’s leading banks, Bank Alfalah, to offer retailers digital solutions, such as ‘buy now, pay later’ services.
The agreement was recently signed by Asad Khan, CEO of MEDZnMORE, Shafaen Hassan, Head of Finance for MEDZnMORE, Faisal Rauf, Head of Digital Banking for Bank Alfalah, and Khurram Rauf, Head of Digital Lending for Bank Alfalah. Senior executives from both parties also graced the event ceremony.
As a result of this partnership, Bank Alfalah will offer digital solutions to MEDZnMORE’s retailers via easy Alfa Payment Gateway, CDM Network, and Digital Lending, enabling them to avail ‘buy now, pay later’ options.
Retailers will benefit from revolutionary digital loans, which will facilitate them in sourcing and paying for products and services. With this easy-to-use feature, retailers will be able to stock up their stores with a hassle-free borrowing process.
The health-tech startup MEDZnMORE has been serving thousands of customers throughout Pakistan since its launch in September 2020. Similarly, they’ve invested heavily in building a replicable infrastructure with a purpose-built temperature-controlled warehouse, a technology stack focused on just-in-time medicine inventory, an integrated supply chain, and an AI-powered logistics system.
Asad Khan, CEO of MEDZnMORE commented:
As retailers navigate the ever-changing digital world, it is important to facilitate them with the right solutions. Our partnership with Alfalah Bank will provide the retailers the freedom to grow their business.”
Lately, the start-up secured $11.5 Million in its pre-series A round, making it the largest health-tech funding in Pakistan. Apart from collaborating with the leading providers, tabiyat.pk has a plethora of projects in the works to improve payment solutions for their retailers.