RBI S2S Financing: Transforming MSMEs in Supply Chain Finance
Access to finance has always been a significant challenge for the MSME sector. Despite their pivotal role in the supply chain, the smaller businesses often face difficulties in securing funding
M1xchange sets sights on doubling business volumes next fiscal too
Promoter & Director Sundeep Mohindru foresees launch of ‘trade credit insurance’ in TReDS platform this quarter………..
Budget 2024: Fintech sector wants government to improve KYC and anti-fraud systems
Fintech companies want Finance Minister Nirmala Sitharaman to use the interim budget to promote financial inclusion for MSMEs, streamline the lending processes, launch incentives for financial inclusion and.
RBI-backed TReDS logs quick growth after slow takeoff
Reserve Bank of India-backed invoice discounting platform TReDS (Trade Receivables electronic Discounting System) has reported a jump in invoices financed by lenders in 2023…..
Budget 2024: MSME experts call for measures to address working capital-related challenges
Easing ways for an efficient flow of working capital has always remained among the most sought-after interventions by MSMEs from the government and this year is no different. Ahead of the interim.
Budget 2024 wishlist: Make TReDS a unified platform for MSME payments
With government all set to present the interim budget 2024, Indian sectors also gears up for the budget session in 2024. Even though its short term budget with vote on account, stakeholders
Reduce SME Lending Rates, Provide Greater Credit Access, Say Experts
As India anticipates the upcoming budget before the crucial general elections, the spotlight is on the micro, small and medium enterprises (MSMEs) sector yet again. Considered as the backbone of the
TReDS: Can it really drive success for Banks, NBFCs and Fls?
In the digital age, TReDS is opening vast opportunities for financial institutions. The digital means adopted by TReDS facilitate a more extensive customer base and an array
Theme: Year-end quotes by Fintech players on the overall Fintech Ecosystem and projection of 2024
Over the years, FinTechs have consistently transformed customer expectations by identifying and mitigating friction points, ultimately enhancing the overall user experience
M1xchange disbursed Rs210 Bn for MSME invoice discounting
The demand for financing via TReDS is growing at 100% y-o-y as it is creating a win-win solution for all stakeholders in the value chain.