As published on Proxtera:
Proxtera has successfully facilitated a low value, cross-border, and cross-platform purchase order financing transaction between a Singapore-based supplier, an India-based buyer and a FinTech .
At this year’s Singapore Fintech Festival, Proxtera has demonstrated a live purchase order financing transaction; the first of many transactions to come as Proxtera rapidly expands to connect SMEs to finance and other trade related services. Proxtera, which also launched its solution at the Singapore Fintech Festival is inviting FinTechs and digital services providers from around the globe to join its open network.