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)
Any questions?
When a supplier hears from a buyer or bank that they should participate in an SCF program, the first question that comes to mind is: What are the benefits to me?
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.
Many companies are struggling with liquidity shortages due to the coronavirus pandemic. However, classic measures such as extending payment terms can spell doom for smaller suppliers. This serves no one's interests. For many companies, Supply Chain Finance can provide a remedy.
