MMBL Collaborates with Avanza Solutions to Introduce DOST Corporate Portal

Business Tech and Telecom

Mobilink Microfinance Bank Collaborates with Avanza Solutions

Mobilink Microfinance Bank Limited (MMBL) has teamed up with Avanza Solutions to launch a cutting-edge enterprise banking solution, the DOST Corporate Portal. This platform is part of MMBL’s efforts to optimize operations and increase technical capabilities to better serve the banking and financial needs of various business segments.

Digital Operator Strategy

MMBL is part of the VEON group, a global digital operator that provides online services and converged connectivity across seven countries. As part of its digital operator strategy, VEON aims to improve people’s lives, increase digital inclusion, and drive economic growth in countries that are home to more than 8% of the world’s population.

Signing of Agreement

The agreement between MMBL and Avanza Solutions was signed in Islamabad this week by the Chief Operating Officer of MMBL, Sardar Mohammad Abubakr, and the Chief Executive Officer of Avanza Solutions, Omer Ahmed Khan, along with senior leaders from both organizations.

DOST Corporate Portal

The DOST Corporate Portal is built on the foundations of Avanza’s Ambit Enterprise Banking Platform, a next-generation banking platform that enables MMBL to offer corporate internet banking and payment services to its customers in a secure, personalized, and cost-effective manner.

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Ambit Suite

Avanza’s Ambit Suite is a set of internet, mobile, and corporate banking tools that simplify banking methods and create a centralized environment to reduce effort and promote a digital experience. The suite includes advanced and innovative modules that personalize the banking experience and meet global standards and compliances.

Enhancing Operations

The DOST Corporate Portal combines the power of digital mobile banking and corporate internet banking, allowing MMBL to handle multiple payment and transaction operations ideal for salary disbursement and payroll solutions. The 360-degree dashboard allows unified tracking of transactions for efficient service. The portal is designed to help SMEs with smoother operations.

Comments from MMBL and Avanza Solutions

At the signing ceremony, Sardar Abubakr, the Chief Operating Officer of MMBL, expressed his gratitude for Avanza’s support in developing the efficient enterprise banking solution. He added that the focus on empowering SMEs was growing stronger and that he looked forward to working closely with Avanza to monitor and improve the functionality of the DOST Corporate Portal.

Omer Ahmed Khan, the CEO of Avanza Solutions, said that the company was delighted to join forces with MMBL and support its mission to deliver superior financial services to the people of Pakistan. He added that Avanza had been positively impacting countless customers in Pakistan and around the world by fostering fast-paced growth across the board.

Revolutionizing Digital Banking

MMBL is revolutionizing the digital banking ecosystem by offering a range of customized products and services that are seamlessly integrated into its customers’ lives. The bank is focused on accelerating digital adoption and closing the digital and economic divide in Pakistan through strategic partnerships and innovative financial solutions such as digital wallets and microfinancing.

Avanza Solutions’ History

Avanza Solutions has been empowering organizations worldwide to adopt digital transformation since 2000 through innovative digital platforms and services. The company serves as a hub of innovation and digitalization, developing, deploying, and integrating technologies such as customer experience, artificial intelligence, blockchain, channel banking, smart city applications, business automation, and cognitive platforms.

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