Online trade finance network TradeCard is opening an office in the People's Republic of China.
The new operation will be located in the Shenzhen Special Economy Zone, close to major manufacturing centres in Southern China.
Kurt Cavano, chairman and CEO, TradeCard, says the company's processing volume in the region grew by approximately 1000% last year.
"We see a great opportunity here to help PRC-based companies automate their supply chains fast without the traditional costs of buying and implementing expensive hardware and software licenses," adds Cavano.
New York-based TradeCard already has offices in Hong Kong and Taiwan.