Money may make the world go round, but credit keeps it moving smoothly in the business world. Traditionally credit terms have been the staple in business to business dealings, but in order to help address cash flow issues a variety of financing solutions have come about, including invoice financing, P2P financing, trade financing, and now Buy Now Pay Later or more commonly known as BNPL.



While mostly focused on supporting consumer purchases, BNPL has made it into the B2B space, which is a much larger market, worth around $125 trillion in 2018 according to Statista data.



Today on Open for Business, we explore the potential of B2B BNPL with Shafik Ali, co-founder and CEO of du-it Malaysia, a Malaysia-based Islamic Fintech firm.



du-it was recently shortlisted as one of the Top 11 startups for RHB accelerator programme.

Money may make the world go round, but credit keeps it moving smoothly in the business world. Traditionally credit terms have been the staple in business to business dealings, but in order to help address cash flow issues a variety of financing solutions have come about, including invoice financing, P2P financing, trade financing, and now Buy Now Pay Later or more commonly known as BNPL.While mostly focused on supporting consumer purchases, BNPL has made it into the B2B space, which is a much larger market, worth around $125 trillion in 2018 according to Statista data.Today on Open for Business, we explore the potential of B2B BNPL with Shafik Ali, co-founder and CEO of du-it Malaysia, a Malaysia-based Islamic Fintech firm.du-it was recently shortlisted as one of the Top 11 startups for RHB accelerator programme.

The flagship entrepreneurship show on BFM, featuring personal business stories from early stage start-ups, all the way to billionaire octogenarians in Malaysia and abroad. Notable guests include Martin Cooper (father of the mobile phone), Julian Assange (founder of WikiLeaks), Ralph Henry Baer (father of video games), Tony Buzan (Mindmap Guru), Isaac Tigrett (Hard Rock Cafe founder), Robert Kiyosaki (Financial Guru), Nick Vujicic (motivational speaker) and more. Tap into this valuable resource of shared experiences for the SME industry, which also touches on news, issues and trends affecting the business community and beyond.

Open For Business

Discover fresh concepts, tackle obstacles, and unleash growth - Open For Business is the dynamic show where BFM engages with entrepreneurs, business leaders, and industry trailblazers, igniting inspiration, sparking success, and exploring new business models.

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