Allied Bank has entered into a strategic partnership with Fauree Tech Pvt. Limited, a leading fintech firm specializing in supply chain finance, to expand its Digital Supply Chain Financing (DSCF) solutions. This collaboration aims to empower Small and Medium-sized Enterprises (SMEs) across Pakistan with accessible, fast, and transparent digital financing.
The agreement was formalized at Allied Bank’s Head Office in Lahore, with senior leadership from both organizations present.
Through this partnership, Allied Bank’s corporate and SME clients will gain access to Fauree’s advanced digital platform, enabling them to optimize working capital, improve cash flow, and manage financing with increased transparency and operational efficiency.
Mr. Mujahid Ali, Chief Technology & Digital Transformation at Allied Bank, stated:
“This partnership marks a major step in transforming Pakistan’s financing landscape. Working with Fauree enables us to deliver efficient, technology-led financial solutions tailored to the evolving needs of SMEs.”
Mr. Azhar Tasadduq, CEO of Fauree, added:
“SMEs are the backbone of Pakistan’s supply chain. This collaboration will give them greater access to liquidity and empower their long-term growth through digital innovation.”
Partnership Highlights
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Scope: Real-time digital supply chain financing for SMEs
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Goal: Simplify working capital access and improve liquidity management
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Platform Benefits: End-to-end digitization, enhanced security, speed, and transparency
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Impact: Financial inclusion, operational efficiency, and scalable business growth for SMEs
About Allied Bank
Allied Bank is one of Pakistan’s top commercial banks, offering a diverse range of financial solutions for individuals, SMEs, and corporates. The bank continues to drive digital transformation and financial inclusion through cutting-edge platforms and customer-focused innovations.
About Fauree Tech Pvt. Limited
Fauree is a trailblazing fintech company delivering digital supply chain finance (DSCF) solutions. With a mission to transform business financing in Pakistan, Fauree provides secure, fast, and scalable funding options for SMEs and corporates via its proprietary digital platform.