Prime Bank partners with WeGro to boost agricultural finance

Prime Bank Investment Limited (PBIL), a subsidiary of Prime Bank PLC, and WeGro Technologies Limited, a digital platform enabling investments in agricultural projects, recently signed a Memorandum of Understanding (Mou). 

As a result of this partnership, investors using the WeGro app/website, who fund agricultural initiatives such as livestock and crop projects, will now seamlessly invest in regulated financial markets via PBIL's PrimeInvest Discretionary Product Suite, a managed investment scheme. This aligns with PBIL's Access to Investment initiative, broadening wealth-building avenues for retail and institutional investors.  

Mr Syed M Omar Tayub, MD and CEO of PBIL, stated: "This collaboration empowers WeGro's investors to diversify beyond agri-projects into capital markets. It's a win-win for portfolio growth and economic inclusivity." 
Mr Mahmudur Rahman, CEO and Co-Founder of WeGro, added: "Our users can now support farmers while accessing regulated financial instruments—bridging impact investing with mainstream wealth management."