SINGAPORE (June 26): United Overseas Bank (UOB) and Zilingo, the fashion and lifestyle e-commerce platform, have signed a Memorandum of Understanding (MOU) to support the growth of Asean’s fashion industry.

Under the MOU, businesses on Zilingo’s platform, which are mostly small- and medium-sized enterprises (SMEs), will be able to access UOB’s banking solutions through the e-commerce platform.

“The greater access to banking solutions will enable Zilingo’s merchants and manufacturers across the region to manage their cash flow better and to grow their businesses more efficiently and...(click on link for full story on theedgesingapore.com)