Supply chain finance is an unwieldy term, but a simple and inexpensive financing tool for suppliers. ExportManager reports on platform solutions from fintechs that are on the rise thanks to cooperations with banks.
At Forum Firmenkundenbetreuer, we talked about partnerships between fintechs and banks. The motives for the cooperation between Deutsche Bank and Traxpay as well as Traxpay’s special features as a multi-bank platform were discussed.
Markus Wohlgeschaffen joins the Supply Chain Finance Platform Traxpay as a Product Manager. Wohlgeschaffen, who spent more than 30 years in trade finance at Unicredit Group and its predecessor institutions, most recently as Global Head of Trade Products at UniCredit Group, hired at the Frankfurt-based fintech at the beginning of the year.
In Börsenzeitung’s issue of 25 November, Traxpay CEO Markus Rupprecht talks about the first successes of the cooperation with Deutsche Bank, new banking partnerships and Traxpay’s special market position. (Text is in German Language)
Great news for Traxpay: With the participation of Deutsche Bank we are further expanding our platform for dynamic discounting and reverse factoring. Our goal is to become the market leader from Europe. More information can be found in the press release.