M1xchange and Andhra govt ink MoU to boost MSME financial access
Delhi NCR-headquartered trade receivable discounting system (TReDS) platform M1xchange signs a memorandum of understanding (MoU) with the Government of Andhra Pradesh to enhance financial access for local Micro, Small & Medium Enterprises (MSMEs) in the state to facilitate their growth and sustainability.
M1xchange Signs MoU with Andhra Pradesh for MSME Growth
A key component of this collaboration is the launch of an extensive awareness program, conducted jointly by the Government of Andhra Pradesh and M1xchange
Budget 2024: Fintechs seek regulatory clarity, improved licensing, tax reforms
Bengaluru/Mumbai: In the run-up to the Union Budget 2024, Indian fintech firms are seeking regulatory clarity, hassle-free licensing procedures, tax considerations, and provisions for financial inclusion to facilitate easier access to credit for small and medium enterprises (SMEs), in their wishlist for the finance ministry.
MC Exclusive | TReDS platform M1xchange to soon get Tata AIG Insurance, SBI General Life on invoice discounting platform
Sundeep Mohindru, MD & CEO of the company, said that they are targeting a total of Rs 70,000 crore in transaction volume in the financial year 2024-25.