KredX partners with SBI to expand digital receivables finance

KredX, an Indian platform for integrated cash flow and supply chain finance, has partnered with the State Bank of India (SBI). This collaboration represents a significant stride in expanding access to digital trade receivable discounting through KredX’s RBI-licensed TReDS platform, the Domestic Trade Exchange (DTX).

This strategic alignment harnesses the scale and reach of SBI — the country’s largest public sector bank — with KredX’s tech-driven infrastructure. Together, they aim to streamline trade finance by enabling micro, small, and medium enterprises (MSMEs) across sectors to access timely and affordable working capital. The integration promises to enhance agility and efficiency throughout supply chains while ensuring a higher degree of transparency and resilience.

At the heart of this collaboration is the DTX platform. Unlike traditional lending systems, DTX is built as a digital-first solution offering end-to-end trade finance services. It connects businesses with over 50 financiers and enables real-time bidding on trade receivables, thus allowing suppliers to gain instant access to working capital. For buyers, it offers a route to optimise cash flow and strengthen their supply chain relationships. The user experience is intuitive, and the execution seamless, supported by intelligent automation and real-time processing.

KredX’s broader vision encompasses a robust digital finance ecosystem. With a comprehensive suite of services—from early payments to accounts receivable and payable financing and cash flow automation—the company is redefining financial operations for modern businesses. It empowers organisations to unlock tied-up capital, maintain compliance, and drive operational efficiency.

Through platforms like DTX, GTX (Global Trade Exchange), and CMS (Cash Management Solutions), KredX has already empowered more than 100,000 MSMEs and partnered with over 3,000 enterprises. The platform has facilitated the processing of invoices worth more than INR 550bn (US$, a testament to its growing influence in the B2B finance space. KredX’s journey is also backed by some of the world’s most prominent investors, including Tiger Global, Sequoia Capital India, and Prime Venture Partners.

SBI’s inclusion on the DTX platform marks a pivotal step forward. With its legacy of over two centuries and a presence in 29 countries, SBI brings unparalleled scale and credibility to the partnership. The bank’s vast customer base and branch network will further amplify the reach and impact of the DTX platform, potentially reshaping the trade finance landscape in India.

This partnership exemplifies the shift towards smarter, AI-powered financial solutions tailored to meet the dynamic needs of the modern supply chain. It is not merely a collaboration between two institutions, but a mission to create a more inclusive, digitised, and future-ready financial ecosystem.