Trade finance has become a popular target of FinTech innovators looking to disrupt what has been, for decades, a manual, paper-based process. Traditional banks are unsurprisingly not always invested in revamping their own trade finance operations. The costs associated with acquiring, underwriting and managing a...
Today in B2B payments, Entrata discusses modernized multifamily PropTech, and Swift introduces recipient pre-checks for cross-border payments. Plus, Aryes discusses small businesses’ path to profitability, GUUD launches a trade finance solution and Onit collaborates for corporate legal expense management. Demand For Digital Payments Drives Multifamily...
Singapore software firm GUUD launched a new financing technology platform Thursday (July 8), designed to help close what it calls a $1.5 trillion global trade finance gap. The platform, RYTE, will simplify traditionally manual trade finance processes and connect business users to banks and alternative...
MonetaGo, which specializes in blockchain technologies, and GUUD, which focuses on making international trade smooth, have teamed up on international financial transaction security, MonetaGo announced in a press release. Both companies are based in Singapore. GUUD has significant operations across Asia, and GUUD executives have...
August 24, 2023
GUUD and Intraco have formed a strategic partnership to launch a trade token, TradeTok, on the multiasset, private markets investment platform of Singapore’s digital asset exchange, SDAX. This collaboration aims to revolutionize trade finance and supply chain asset management, addressing financing gaps and improving efficiency in global supply chain operations, the companies said in a […]
