KredX collaborates with Tradewind Finance to deliver comprehensive export and supply chain financing
Bengaluru (Karnataka) [India], June 3 (ANI/NewsVoir): Continuing its efforts to empower businesses with fast digital and affordable access to liquidity, KredX, India's largest supply chain finance platform, today announced its collaboration with Tradewind Finance, a global financial solutions company to corroborate enhanced export and supply chain financing solutions for business corporates. This collaboration will focus on providing financing to KredX's customers for their international business, exports and imports, at competitive rates by leveraging KredX's platform and financing capabilities of both the companies.
In November 2021, KredX received an "In-principle" approval by IFSCA to offer a platform for Indian companies to transact and raise financing for their exports and imports. This allows KredX to extend its expertise in offering a world-class transaction platform and offer financing solutions to its existing customer base as it continues to add new ones. Collaboration with Tradewind, amongst more such collaborations in the offing will allow KredX to offer a transparent, competitive, reliable funding option to Indian corporates for their international business. Under this new arrangement, KredX will support the domestic financing needs of Tradewinds customers in India and it will provide Tradewind with firmographics and business intelligence with respect to the Indian market that will strengthen the German and Indian lenders' association with exporters in India.
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