GOTYME Bank and foodpanda have joined forces to empower micro, small, and medium enterprises (MSMEs) within foodpanda's online food and grocery delivery platform. This collaboration offers partner vendors flexible financing for working capital.
The loan program directly addresses the financing challenges faced by MSMEs in today's economic climate. It gives online food delivery entrepreneurs easy access to capital at competitive interest rates with a simple application and repayment process. The program also complements foodpanda's existing "Negosyo Like a Panda" initiative.