Currenxie, the rapidly growing cross-border payments provider, which counts Chinese technology giant Tencent amongst its clients has announced the launch of its Trade Finance Solution for Amazon Sellers.
Amazon seller clients can now apply for logistics, inventory and receivables financing fully integrated within Currenxie’s real-time global collections and payments platform. The service is available in Hong Kong and APAC, with a gradual global rollout in the future. It's the next step in the fintech company's plans to become a fully integrated digital financial services platform for SMEs worldwide.
The Currenxie Trade Finance solution allows Amazon sellers to tap into liquid and competitively-priced financing.
Technology-driven vertically-integrated specialists like Currenxie tend to better understand online business models ensuring that their financing solutions cater to the specific needs of Amazon sellers. Currenxie’s eCommerce group specialises in helping online sellers pay suppliers, repatriate sales revenues from global marketplaces, and now offers financing for Amazon sellers.
Yochanan Zvezhinskiy, Head of eCommerce at Currenxie commented, ‘We are incredibly excited about adding this to our suite of business services after many requests from our growing client base. We already provide real-time foreign exchange, payments and collections on our online platform. Providing trade finance is our next step to becoming an unparalleled one-stop shop for eCommerce merchants and marketplaces. As far as we know we are the first company to offer this specific financing model to Amazon sellers thus reinforcing our reputation for providing innovative financial solutions.’