Block 81 Ayer Rajah Crescent, #01-65, Jtc Launchpad@One-North, Singapore 139967
Traditional Trade & Supply Chain processes struggle with a lack of transparency, visibility & adequate risk-monitoring, in-turn driving a financing gap between capital starved institutions and banks. Covid-19 has accelerated the widening of this inter-entreprise gap amidst a change in deep-tier financing demands from both institutions and banks.
dltledgers is an integrated digital solution that delivers transparency, visibility & adequate risk-monitoring in real-time is the need of the hour to address financing disequilibria. An extended solution with regulatory participation will close the loop, significantly improving the ability to detect & prevent double financing & other fraudulent activities.
Lack of transparency across parties introduces risks
Lack of adequate risk-monitoring introduces fraud
Delayed or inadequate financing adds costs & delays
Headquartered out of Singapore, a global commodities trading hub, favourable government policy & the concentration of trade flows has enabled us to scale and grow across the APAC region. With a strong sales pipeline well into 2021, we are currently in the process of ramping up our sales, engineering & customer success teams. Lead by an experienced founder and a seasoned leadership team, we are looking to scale and expand globally.Since the first transaction went live in early 2018, over $3 billion worth of live trade finance transactions has been executed via the platform involving 400+ traders, 65+ banks and tertiary partners. A key driver to this success has been our ability to use technology to reduce trade execution times from 45+ days to a matter of hours reducing operational overhead and improving working capital lifecycle by 15-20%.Our clients are mainly large international trading firms, large corporates, supply chain firms and banks. A few of our growing set of key customers are Mitsui, Agrocorp, Shiseido, Wipro Unza, IFFCO and ANZ bank amongst others.