SDFC Services Integrated into BML Mobile App

The SME Development Finance Corporation (SDFC) has announced that its services are now available through the Bank of Maldives (BML) Mobile App, allowing customers to make payments and view facility details directly through the app.

The integration, launched as part of a phased rollout, enables SDFC customers to access financing information and complete payments using the BillPay feature on the BML Mobile App. The move is expected to provide a faster, safer, and more convenient way for businesses to manage their financial transactions.

According to SDFC, customers can log in to the BML Mobile App with their existing account credentials and navigate to the Accounts tab to view key details such as outstanding facility amounts and monthly payment schedules.

SDFC’s Chief Executive Officer, Badhurudheen Hassan, described the integration as a major step toward the digital transformation of SME services in the Maldives.

“This integration is an important step in our efforts to digitize all services provided to SMEs. Connecting our facilities with the BML Mobile Application will make it easier for customers to access services. This will eliminate the need for manual bank transfers previously required for facility payments while providing real-time updates, thereby expediting our services,” he said.

To assist users, SDFC has also shared detailed instructions on how to make payments through the BillPay feature on its official social media channels.

SDFC’s majority shareholding is held by BML, which owns 85% of the issued shares.