Telco and banking leaders form a strategic partnership to empower SMEs
July 24, Colombo (LNW):In a significant effort to drive digital transformation for small and medium-sized enterprises (SMEs), Dialog Enterprise, the corporate ICT solutions branch of Dialog Axiata PLC, has signed a Memorandum of Understanding (MoU) with the Commercial Bank of Ceylon PLC, GlobalLinker, and Databox Technologies.
This collaboration centers around “Commercial Bank LEAP GlobalLinker,” an innovative web solution aimed at empowering entrepreneurs through digital marketing and e-commerce.
As the leading digital innovation facilitator for various enterprises, Dialog Enterprise partners with Commercial Bank as the technology provider for the Commercial Bank LEAP GlobalLinker e-commerce platform.
This initiative mobilizes the digital marketing landscape for SMEs in Sri Lanka. GlobalLinker, a B2B business networking platform with commerce capabilities, and Databox Technologies, the managed service provider ensuring seamless integration and technical support, join this partnership to elevate the digital marketplace for SMEs in Sri Lanka.
The initiative provides digital marketing and e-commerce facilities, allowing entrepreneurs to create their own online stores, connect with others, and engage in local and international trade.
This network hub is designed to meet the specific needs of SMEs, offering the necessary tools and support for them to thrive in the digital economy. By leveraging GlobalLinker’s reach, the project aims to empower existing and new SMEs on the platform with advanced communication and digital technologies to enhance their business capabilities.
Navin Pieris, Group Chief Enterprise Officer of Dialog Axiata PLC, stated: “We are excited to partner with such innovative and dedicated companies towards a common goal. This solution demonstrates our commitment to driving digital transformation and equipping SMEs with the technology needed to succeed in today’s digital landscape.”
Sivasubramaniam Ganeshan, Assistant General Manager of Personal Banking III/SME at Commercial Bank of Ceylon PLC, commented: “This partnership is a significant step in empowering small and medium entrepreneurs.
By creating a comprehensive digital marketplace, we are not only providing business loans but also enabling a robust ecosystem where SMEs can thrive. We look forward to the positive impact this collaboration will have on the entrepreneurial community.”
Under the MoU, Dialog Enterprise will utilize its technological expertise to support the platform’s infrastructure, while Commercial Bank will lead market creation and the onboarding of entrepreneurs.
GlobalLinker will oversee e-store creation, ensuring the platform’s development and technical robustness, and Databox Technologies will provide managed services, including payment gateway integration and ongoing technical support.
This partnership represents a crucial milestone in the digital transformation journey for SMEs, offering them a powerful, user-friendly platform to expand their reach and grow their businesses.
