UBX beefs up financing arsenal for MSMEs, partners with UNO, SEA’s first full-spectrum digital bank

UBX, the country’s leading open finance platform, has entered into a strategic partnership with UNOBank (UNO Digital Bank), Southeast Asia’s first full-spectrum digital bank, to make credit more accessible to micro, small and medium enterprises (MSMEs) nationwide.

Through this collaboration, SeekCap will be able to further support MSME financing, while providing a wider platform for UNO Digital Bank to reach more customers. 

With the alliance, micro entrepreneurs will be able to get financing even in the absence of formal financial data, utilising the combination of alternative data and psychometric scoring, which further democratizes access to credit to provide the necessary capital to expand their business. This initiative is done through UBX’ loans marketplace platform, Seekcap.