Meghna Bank PLC has been appointed as the mandated account bank for the startups participating in the 'FinTiger Startup Studio', a leading accelerator programme developed by FinTiger Advisory.
This collaboration marks a significant step in supporting Bangladesh's growing startup ecosystem and fostering entrepreneurial innovation, says a statement.
The FinTiger Startup Studio is a dynamic initiative designed to accelerate the growth of emerging startups by providing them with essential resources, mentorship, and operational support.
The programme focuses on nurturing high-potential startups by helping them scale efficiently, attract investments, and expand their operations in both domestic and international markets.
As the designated account bank for this programme, Meghna Bank will be responsible for a wide range of financial services tailored to the needs of these startups. These responsibilities include the receipt and management of equity investments, sales proceeds, and other financial resources raised by the startups.
Meghna Bank will also provide critical cash management support to ensure smooth financial operations, assisting startups with liquidity management, payments processing, and other day-to-day banking needs.
In addition to its banking role, Meghna Bank PLC will participate in the strategic advisory process for the startups, offering financial insights and guidance to help them navigate growth opportunities and challenges. The bank's expertise in structured finance and innovative banking solutions is expected to play a key role in driving the success of the startups within the FinTiger Startup Studio.
FinTiger Advisory is a leading advisory and consultancy firm specialising in startup incubation, investment management, and financial services.
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