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OLX, Pakistan's leading online market portal, has announced a strategic partnership with Bank Alfalah with the aim to promote financing with the integration of a financing widget on OLX. In this connection, a memorandum of understanding (MoU) was signed between the two companies here on Friday. Through this partnership, the OLX customers will be able to apply and generate quotations instantly on auto and home finance packages offered by Bank Alfalah.

The MoU was signed by Bank Alfalah's Head of Consumer Finance Arif Raza and OLX CEO Bilal Bajwa. "This venture will expand the outreach of Bank Alfalah in the online car and real estate market and automate the purchase journey."

Copyright Business Recorder, 2019

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