Mobilink Microfinance Bank, Teamup signs business deal - Press Release issued by Mobilink Microfinance Bank Limited.

Karachi -- June 09, 2021 (PPI-OT)

Following is the text of press release issued by Mobilink Microfinance Bank Limited (MMBL)

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Mobilink Microfinance Bank Limited (MMBL), the largest digital bank in Pakistan and Teamup, a leading incubation and acceleration platform, have signed a Memorandum of Understanding at a ceremony attended by key personnel from both organizations. Ghazanfar Azzam, President and CEO MMBL and Zouhair Khaliq, co-founder Teamup, signed the MoU to open avenues for collaboration between the two parties. Both parties hope to leverage each other's network of strategic partners and knowledge experts to promote growth, innovation, financial inclusion, and digitalization in the startup ecosystem.

Both organizations are keen to leverage their respective institutional expertise to design financial products...