Faisalabad: InvoiceMate enters into a strategic partnership with Akhuwat. The partnership will bring together Akhuwat’s commitment to social welfare and InvoiceMate’s innovative invoice financing platform to change the lives of millions in Pakistan and the MENA by providing access to smart financing. Akhuwat is the world’s largest interest-free Micro-Finance organization whereas InvoiceMate is the world’s first blockchain & AI-powered invoice financing enabler. The partnership is aimed at making the financing process for micro, small, and medium businesses more quicker and transparent.
The partnership will bring the tech expertise of InvoiceMate and the micro-financing experience of Akhuwat together to empower the MSMEs of the region with quick and secure access to formal financing.
Akhuwat was founded as a non-profit organization in the year 2001 by Dr. Amjad Saqib. The aim of the organization is to alleviate poverty by empowering the socially and economically marginalized segments of society. Akhuwat works according to the Islamic concept of Mawakhat. Over the years Akhuwat has become the world’s largest interest-free micro-finance organization.
InvoiceMate is a UAE based company that works for the financial empowerment through fintech solutions. InvoiceMate, the flagship product of the company, is the world’s first AI & Blockchain powered invoice financing enabler. InvoiceMate mainly focuses on Pakistan and MENA regions.