SmartFIN combines blockchain and supply chain finance as a tool to streamline and simplify working capital applications while serving as a platform for MSMEs to secure trade finance from top alternative lenders.
As trade finance solution providers, #dltledgers aims to bridge the capital gap between small businesses and non-bank lenders.
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Contact financiers within 24 hours of registering. By completing the #dltledgers' unique KYC process, users can access various financial sources and receive financing offers with reasonable rates and flexible payment terms.
SmartFIN assists SMEs to acquire trade financing and increase their capital efficiency. Traders may also expect a better loan application experience with different trade finance solution providers and digital loan application processes.
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Via - The Business Times
SINGAPORE-HEADQUARTERED fintech firm #dltledgers on Tuesday (Sep 20) announced that it has raised S$8.5 million led by the family office of the Tata group as well as Centrum in the latest Series B funding round. (*see amendment note)
The company is also extending this round’s fundraising, which is expected to close by the end of October, to S$15 million after it noted “demand and extended interest from other investors in the Asia-Pacific region”. In a response to queries by The Business Times, dltledgers said its Series B round also includes participation from venture capital firms in Singapore and North America, though it declined to disclose the parties before the round is closed.
The firm, which touts itself as a “blockchain based multi enterprise supply-chain business network”, has plans to use the funds for business expansion in North America as well as scale its engineering teams and growth teams further.
Further announcements on its planned expansion and use of funds will be made in the upcoming weeks, dltledgers added.
dltledgers’ primary business lies in helping companies build on a connected supply chain and enable multi-party transactions across enterprises. Examples of the platform’s functions include helping its clients run end to end contract compliance as well authenticate commercial documents.
“Our low code metaverse platform will enable enterprises to build their own network with ease and seamlessly invite their partners to work together and collaborate like never before,” said Samir Neji, founder of dltledgers.
Block 81 Ayer Rajah Crescent, #01-65, Jtc Launchpad@One-North, Singapore 139967
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HLB MANN JUDD LIMITED, Level 6, 57 Symonds Street, Grafton, Auckland 1010
Al Maqam Tower, Abu Dhabi Global Market. Abu Dhabi. United Arab Emirates
