
Under the MoU signed, M1xchange and the state government will enable early payment for MSMEs working for government departments and…
The company on Thursday said it has received the final approval from the central bank to commercially launch its invoice…
For MSMEs, receivables securitization offers a more flexible and cost-effective way to access liquidity compared to traditional invoice financing.
Among the RBI-licensed operators of the invoice discounting system TReDS, M1xchange said it onboarded over 200 new corporates and 10,000…
The Deputy Governor noted that TReDS addresses the credit gap of MSMEs estimated at around Rs 52.2 trillion (Rs 52…
“The onboarding process on the Trade Receivables Discounting System platforms shall be completed by 31st March, 2025,” the MSME Ministry…
In FY24, 41.6 lakh invoices amounting to Rs 1.38 crore were financed in comparison to 25.6 lakh invoices involving Rs…
The company said businesses would be able to get automatic data validation and generate unlimited e-invoices and e-way bills without…
DBS Bank India will leverage alternative trade lending data from RXIL to underwrite financing to MSME suppliers and support their…
MSME Sahaj will help MSMEs to avail credit against their Goods and Services Tax (GST) registered sales invoices of up…
The growth came on the back of increasing acceptance and understanding of TReDS among businesses. M1xchange said it has recorded…
C2FO’s wholly-owned subsidiary C2FO Factoring Solutions had received the final approval from the Reserve Bank of India in March 2024…
Factoring is a concept involving converting receivables or bills into creditworthy assets allowing businesses to access working capital loans while…
The number of registered MSME sellers increased by nearly 51 per cent during FY23, while the number of buyers (corporates/other…
The invoice discounting mechanism involves a financing arrangement where a business sells its unpaid bills to a third-party financier, such…
Inaugurating a workshop on leveraging TReDS (Trade Receivables Discounting Electronic System) organised by the Department of Industries and Commerce (DI&C)…
Out of the Rs 25 lakh crore credit gap in the MSME sector as of 2018, the invoice discounting market…
”Vendor Payments represents a significant step in revolutionising how businesses manage their accounts payable processes, empowering them with efficiency, accuracy,…