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Buyer
FinancierIndian Factoring Exchanges and MonetaGo launch blockchain network in India
Indian Factoring Exchanges that includes three exchanges — A.TReDS, RXIL and M1xchange along with MonetaGo have launched a blockchain network in India to prevent financial fraud and double invoicing problems.
Standard Chartered and Godrej Agrovet completes its first TReDS transaction with M1Xchange
In an endeavor to support MSME financing, Standard Chartered Bank has successfully completed its first Trade Receivable Discounting System (TReDS) digital factoring transaction on M1xchange. The Bank purchased the digital factoring unit of MSME supplier of Godrej Agrovet Ltd.
PSU Banks Participation on TReDS – M1xchange
The participation of PSU banks on M1Xchange (TReDS platform) has been forthcoming. In their role towards growing MSME finance, PSU banks have registered themselves on M1Xchange and started bidding to finance receivables of MSMEs.
Lenders, MSMEs flock to electronic bill exchanges
Electronic bill exchanges are the latest match-making venues for lenders seeking new clients and small entities desperate for capital.
More MSMEs register with M1xchange Xchange for online trade receivables discounting
Micro, small and medium enterprises (MSMEs), which were hitherto struggling to stay afloat due to paucity of working capital, can bank on M1xchange Xchange, a digital platform that deals in TReDS (Trade Receivables Discounting System).
Express IT Awards 2017: Adaptive, flexible, resilient workforce needed, says Amitabh Kant
Speaking at the fifth Express IT Awards, Amitabh Kant noted that robots and artificial intelligence were bringing benefits by improving productivity and lowering costs.
Digital Transformation Lessons For Supply Chain Leaders
In the era of globalization no company can survive on its own, it’s connected to other companies at various levels. Every industry whether big or small needs to procure materials to manufacture their products, as well as have a robust customer network to sell its products or services.
State-run companies can step on to TReDS platform
TReDS, a trading platform that could ease financing constraints for small and medium enterprises, is set to take off after three years, after the government allowed state-run companies to use the platform.
M1Xchange: Assuring Quality Assets in the MSME space
M1Xchange a digital platform, having robust Information Technology infrastructure and strong legal framework is a preferred choice for most of the segments of financiers.
Improve the flow of working capital for MSMEs with TReDS
Sundeep Mohindru, Founder & CEO, M1Xchange in conversation with DQWeek, explains TReDS and the role it plays in making the economy better.