July 6

Drip Capital Partners SBM Bank India on Trade Finance

In the past, Drip Capital has partnered with several local and international banks to offer its financing solutions to small businesses. Since its inception in 2016, the company has worked with over 1,500 sellers and buyers spread across more than 80 countries

Drip Capital, a fintech provider of cross-border trade finance, on Tuesday said it has partnered SBM Bank India to offer trade financing solutions customized for small and medium-sized exporters in India.

under to this partnership, micro, small and medium enterprise (MSME) exporters will be able to avail collateral-free working capital at competitive rates, it said.

Photo courtesy of Fabian Blank.

Source: Live Mint (link opens in a new window)

Finance, Technology
financial inclusion, fintech, international trade, MSMEs