With its strong commitment to empower micro, small, and medium enterprises in the Philippines, UnionBank GlobalLinker has partnered with 1Export, Kiu, and Acudeen to bring innovative services and push digital transformation to MSMEs.

UnionBank Executive Vice President John Cary Ong, Transaction Banking Head, welcomed the new partners of UnionBank GlobalLinker and shared how the platform was born out of their initiative, UREKA Forum—the Bank’s lead social responsibility project and country’s biggest e-commerce mass conversion program that activated over 1,500 MSMEs into digital commerce.

Digital Transformation

“We’re very glad that together with other partners we’re getting into this. UnionBank GlobalLinker is important to the digital transformation journey of the country,” says Junie Pama, CEO of Kiu Global – Philippines during the partnership signing held at The Ark by UnionBank on February 20.

A technology company that developed a cloud-based business management platform, Kiu Philippines is helping the underserved market to acquire short term or commercial loans using Kiu Business Management Platform (BMP). SMEs and sari-sari stores can utilize Kiu to automate their business processes, increase transparency, gain trust from banks and other financial institutions for easier access to credit to grow their business to its potential

Also read: Why does your business need digital transformation now?

Going Global

On the other hand, to help MSMEs reach global markets, UnionBank GlobalLinker also partnered with 1Export, a tech-enabled exporting company that provides a one-stop end-to-end exporting platform bringing services to any and all trading businesses around the world.

“With UnionBank GlobalLinker, we see the future of Filipino commerce and trade. We are very excited that this is the first day of what we hope to be the revolution that enables Filipino businesses to go global,” shares Daniel Remo, Chief Operating Officer of 1Export.

Supporting MSMEs

To provide access to financing, UnionBank partnered with Acudeen as well. Acudeen is a technology company that provides financial services to millions of MSMEs in Southeast Asia. Their receivable financing is tailored to meet the unique needs of MSMEs.

Because of this, over 40,000 Filipino MSMEs on UnionBank GlobalLinker can now avail the services of Kiu, 1Export, and Acudeen. To know more about their services, you can visit the offer section of the platform and get pre-discounted rates exclusively available to UnionBank GlobalLinker members only.

Also read: UnionBank boosting digital financial inclusivity