Sampath Bank and KOKO Connect Merchants to New Opportunities for Business Growth
Srilanka, Sept. 29 -- Sampath Bank PLC and KOKO have partnered to introduce the KOKO Merchants Credit Facility, creating a more convenient pathway to business financing for eligible merchants within KOKO's growing ecosystem. The initiative extends KOKO's role beyond payments and customer financing by connecting merchants with Sampath Bank's financing capabilities, helping them access funding to purchase and replenish inventory, manage working capital and cash flow, respond to seasonal demand and invest in business expansion.
The facility is designed around a streamlined assessment process that can leverage relevant information from a merchant's existing relationship and transaction activities with KOKO, helping reduce the time and effor...
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