United Finance launches startup loan ‘URise’

United Finance has launched 'URise', a startup-focused loan program under Bangladesh Bank's refinancing scheme.

The ceremony was held at the company's head office, marking a new step in supporting innovation and entrepreneurship. Applications are being collected digitally through United Finance's mobile app, UMA.

Speaking at the event, Mohammad Rafiqul Islam, Managing Director; Mohammed Abul Ahasan, Deputy Managing Director; and Sudip Saha, Head of SME and Women Entrepreneur Financing, shared their views on the initiative.

Mohammad Rafiqul Islam said United Finance has worked for 36 years to support marginalised communities. "For 36 years, United Finance has stood beside marginalized communities. We believe in the power of youth and innovation, and we are excited to introduce Bangladesh Bank-supported startup loans at an affordable cost. With a simpler, fully digital process, we aspire to be an enabler of Bangladesh's growing startup ecosystem."

Startups can apply through the United Finance Mobile App, UMA, available on the App Store and Google Play Store.