India’s KredX supply chain financing platform, announced its first global trade export deal of annualised transaction valuing US $15.6m on its licensed International Trade Financing Services platform (ITFS).
It is amongst the four entities to be granted an “in-principle” approval by International Financial Services Centres Authority (IFSCA) to set up and operate an ITFS at GIFT ( (Gujarat International Finance Tec-City) City for importers and exporters to secure both pre & post shipment financing from Indian and foreign institutional investors.
