In the German market for supply chain financing, various fintechs have set themselves up as platform operators. Their strategies differ, however, primarily in whether the providers want to be partners of the companies or of the banks participating there. Traxpay, in which Deutsche Bank acquired a stake last year, presents itself as a partner of the banks. Even if the bank, as a participant in the platform, does not grant a loan, it can earn twofold in this way: either because it refers a customer to Traxpay and receives a commission for this, or because it profits from the volume there as a shareholder. Learn more about the SCF landscape in Germany and the opportunities for participating banks in the Börsenzeitung: