Wingmarket Gets Global RecognitionOctober 2, 2023
Wingmarket, the Digital Order Taking and Supply Chain Platform for Corporates and SMEs wins the coveted Global SME Finance Forum Recognition for 2023 under the Innovative Product Category
Phnom Penh, September 15, 2023 – Wingmarket has been recognized for its innovative contributions to the financial technology space. It received the Product Innovation of the Year Award for 2023 as an Honorable Mention in the Global SME Finance Awards 2023 category that recently concluded in Mumbai, India.
The award acknowledges Wingmarket’s innovative Platform, which combines a closed-loop digital marketplace with a supply chain management solution that helps Corporates, SMEs, Distributors, Wholesalers and Retailers in the country to buy and sell from each other seamlessly and efficiently.
Wingmarket provides convenient access to supply chain management systems for purchasing and selling products and services with suppliers, customers, and others in their value chain network. The Platform represents a significant departure from the traditional supply chain services offered to SMEs, with the innovation aiming to bring these enterprises into the digital age. A fully digital Platform that is seamless to use, makes the management of purchase orders much more efficient and brings transparency into the Supply Chain management process. The digital payment solutions embedded within the Platform aim to improve cash management and also provide access to supply chain financing to deserving Corporates and SMEs based on their transaction history.
Qamar Saleem, the Incoming CEO of the SME Finance Forum, said, “I am delighted to see such great SME finance initiatives highlighted through the awards. While all applicants are winners in their rights, I want to congratulate award recipients and those receiving honourable mentions for leading the way in the industry. By supporting SMEs, we are not just providing access to financial services; we are also changing lives!”
Changing lives is something Wing is focused on, with the vision to provide convenient and relevant Digital Solutions to improve the life of every Cambodian. Platforms like Wingmarket, Wingagri and Wingmall are targeted to fulfill every need of every Corporate and SME.
Manu Rajan, CEO of Wing Division, said, “The recognition validates our efforts and motivates us to continue pushing the boundaries of B2B e-commerce in Cambodia. It shows our commitment to innovate and serve the SME community better.”
Hong Vantheth, B2B E-commerce Director, said, “Our aim has always been to provide a comprehensive and user-friendly platform that seamlessly integrates digital payment services, supply chain management solutions, and market accessibility for SMEs.”
Wingmarket focuses on three key areas, access to the market, enabling SMEs to interact with each other, access to digital banking services such as digital payments and invoicing, along with access to technology through its advanced digital supply chain platform.
The Product Innovation of the Year Award, recognized by the Global SME Finance Awards 2023, celebrates financial institutions and FinTech companies for their outstanding achievements in delivering exceptional products and services to their SME clients. Endorsed by the GPFI, the Global SME Finance Awards allow institutions to showcase and share their best practices and knowledge and learn from others.