KARACHI: Universal Network Systems Limited (BlueEX) has partnered with Finja Lending Services Limited (FLSL), a subsidiary of Finja Inc to offer credit collections from FLSL’s customers.
With a proven record of the highest quality of services by both entities, the partnership promises expertise and competitive advantage for these specialized operations and will open new vistas for more innovative ventures.
UNSL (BlueEx) signed up for Finja Business – a digital business operations platform to manage its payment disbursements and e-invoicing/collections for its own business vendors, suppliers and partners.
Being a trendsetter in advanced logistics in the country – BlueEx consequently won the “Brands of the Year” award in 2019 and 2020. Over the years, it has pioneered e-commerce logistics and fulfillment services in addition to deploying the first-of-its-kind ‘Online Parcel-Booking System’ since 2011.
Within a few years of its formation, BlueEx has established the most credible and efficient cash-on-delivery network across Pakistan. All these services are based on revolutionary technological solutions that ensure world-class customer care and unrivaled accuracy.
Backed by global venture capital firms, Finja is a leading new-age lending platform serving the credit, payments and collection needs of professionals, merchants and SME businesses.
Finja’s subsidiaries operate under dual licensing regimes of the State Bank of Pakistan (SBP) and the Securities Exchange Commission of Pakistan (SECP) for its lending and digital payments businesses. With this first-of-its-kind support from both regulators, Finja has forged digital partnerships with banks, FMCGs, distributors, Haryana stores, and small businesses. The company has clocked close to Rs. 150 Billion in transactional volume and over Rs. 2 Billion in overall lending.
The Chief Executive Officer of UNSL (BlueEx), Imran Baxamoosa stated: “This partnership is the evidence of our commitment to provide tailor-made services that suit our clients’ needs and it will open many new vistas for a digital Pakistan.”
“BlueEx is building operational alliances with dynamic partners like Finja, for technological deployment to create more value and convenience for customers and enable exponential growth through our combined lending and logistics services, to achieve our shared vision for a progressive Pakistan,” he added
Kamran A. Zuberi (CEO, FLSL) remarked: “This partnership excites us as it allows our borrowers an ability to repay their credit facilities from their existing locations instead of having to visit a bank branch. This allows Finja to reach out to a customer segment across the country and throughout the retail value chain” he said.
He further said, “Using Finja’s advance credit scoring engine and proprietary Machine Learning tools, we are servicing SMEs and MSMEs through structured B2B credit lines along with advance payment platforms for FMCGs and Distributors to retailers.”
Kamran said Finja welcomes this partnership and in its true spirit also offers UNSL (BlueEx) employees exclusive Finja Cards backed by a salary advance credit line, providing financial freedom to cater to their individual spending requirements.
