Threadwel is excited to announce a groundbreaking partnership with Meghna Bank, marking the first collaboration of its kind within the Threadwel network. This partnership aims to accelerate digital transformation in Bangladesh’s Ready-Made Garments (RMG) sector, offering comprehensive financial services and banking solutions that will further enhance the platform’s capabilities for RMGs, suppliers, and buyers across the country.
Threadwel, a cloud-based procurement platform, has been revolutionizing how the RMG sector operates by allowing buyers and suppliers to connect quickly and efficiently, significantly improving procurement processes. With Meghna Bank joining as the first bank in the Threadwel network, this collaboration strengthens the platform’s value proposition, particularly in the area of cash management. Meghna Bank’s expertise will ensure that Threadwel’s growing user base benefits from seamless financial transactions, adding a new layer of convenience and security to the digital procurement ecosystem.
In addition to providing cash management solutions, Meghna Bank is introducing a Dedicated Desk for Meghna Bank Clients who are Partners in the Threadwel Network, which will serve as a specialized point of contact for all banking needs. This service aims to enhance the speed and efficiency of transactions for RMGs and suppliers who are both Meghna Bank clients and part of the Threadwel network, ensuring smoother financial operations.
This partnership also comes with additional benefits for Meghna Bank clients within the Threadwel ecosystem. Clients will enjoy special discounts on Threadwel membership fees, further incentivizing the adoption of the platform’s services and strengthening the bond between financial solutions and digital procurement in the RMG industry.
“We are thrilled to partner with Meghna Bank as the first bank in the Threadwel network,” said Mr. Mahmudul Kabir and Mr. Md. Toriqul Islam, Co-Founders of Threadwel. “Meghna Bank’s cash management solutions and commitment to innovation perfectly align with our vision to digitize and streamline the RMG procurement process. Their involvement will significantly benefit our users by ensuring smoother financial transactions and offering dedicated services to facilitate faster business operations. This collaboration marks a key step in bringing the entire RMG ecosystem into the digital age, and we look forward to working together to expand our shared impact on the industry.”
Mr. Kimiwa Saddat, Deputy Managing Director of Meghna Bank, also expressed excitement about the collaboration, noting, “As the first bank in Threadwel’s network, we are proud to support this pioneering platform. Our cash management services are designed to ensure that the procurement process for Threadwel’s network is efficient and seamless. We are equally excited to offer dedicated desk services to Meghna Bank clients who are part of the Threadwel network, enabling faster and more personalized banking solutions. We are confident this partnership will drive substantial growth for both Threadwel and the RMG sector.”
The partnership between Threadwel and Meghna Bank is poised to create a lasting impact on Bangladesh’s RMG industry by offering a combination of cutting-edge digital tools and robust banking solutions. By combining Threadwel’s innovative platform with Meghna Bank’s financial expertise, both organizations are helping to lay the foundation for a more digitized, efficient, and competitive RMG ecosystem.
About Threadwel: Threadwel is an innovative, cloud-based procurement platform specifically designed for Bangladesh’s Ready-Made Garments (RMG) industry. By streamlining the procurement process, Threadwel connects buyers and suppliers quickly and efficiently, helping to create a more connected and digital-first ecosystem for RMGs. Threadwel is leading the way toward a fully digitized future for the industry, where speed, efficiency, and transparency are at the forefront.
