21 December 2022, Colombo: FriMi, Sri Lanka’s first fully-fledged digital banking experience powered by Nations Trust Bank, recently partnered with Helios to provide a much anticipated Buy Now Pay Later (BNPL) solution to all FriMians, along with exclusive seasonal offers at selected merchants.
Through this collaboration, FriMians can enjoy a BNPL facility for a product value up to Rs. 200,000 with monthly instalments of up to 12 months at Singer, SINGHE Furniture, Bara Stereo, Redline, Keells and Cool Planet. Additionally, they can take advantage of discounts with up to 35% off when making purchases at the above-mentioned introductory merchants through Helios via the Lifestyle section of the FriMi app.
Speaking on this development, Sanjaya Senarath – Chief Marketing Officer of Nations Trust Bank said, “FriMi has always been at the forefront of enabling effortless lifestyles to customers and we’re excited to collaborate with Helios to continue making our customer’s lives even more effortless with this innovative BNPL solution. Perfectly timed with the festive season, this collaboration will increase the purchasing power of all FriMians, allowing them to make the most out of their holiday.”
FriMians can now apply for a Buy Now Pay Later facility from Helios effortlessly through the FriMi Lifestyle section in-app in a few easy steps and all FriMians are encouraged to experience the convenience of this new feature. Merchants who are interested in offering the benefits of an effortless BNPL solution for their customers can reach out to FriMi or Helios to get onboard.
Meanwhile, Nuzhi Meyen, Co-founder of Helios P2P added, “Revolutionising the consumer credit industry with the use of innovative secure technology is what we stand for at Helios. Having a partner like FriMi, backed by Nations Trust Bank, will surely take our buy now pay later facilities to new heights. We look forward to continuing our valued partnership beyond the festive season in hopes of providing the financial opportunity and access to every Sri Lankan.”
Helios is a start-up that emerged as a winner through the John Keells X Open Innovation Challenge with a unique value proposition. Notably, it is the first peer-to-peer lending and alternative financing platform designed for Sri Lankans.
FriMi the fully-fledged digital banking experience powered by Nations Trust Bank consists of ground-breaking products and services that are designed and developed to delight customers thus providing novel experiences. FriMi has been awarded on both national and regional levels including Online Brand of the Year and ranked amongst the Top 30 Best Digital Financial Services Providers in Asia Pacific, Middle East, and Africa. FriMi is available on Android, iOS and Harmony OS and anyone in Sri Lanka above the age of 18 years can get on board FriMi by downloading the app. FriMi is enabled by Nations Trust Bank PLC, the bank is strongly focused on digital empowerment through cutting-edge digital banking technologies.
