M1xchange simplifies corporate onboarding with DIY digital registration

M1xchange, India’s leading RBI-licensed TReDS platform, has seen a 150 per cent surge in corporate onboarding, driven by the government mandate requiring enterprises with a turnover above INR 250 crore (US$28.72m) to register on TReDS.

To streamline this process, M1xchange has launched a ‘DIY Digital Buyer Onboarding’ system, allowing large enterprises to register in under 30 minutes—eliminating manual paperwork and ensuring seamless compliance ahead of the March 31 deadline set by the Ministry of MSME.

Key Features of the ‘DIY Digital Buyer Onboarding’:
– Fully Digital – No paperwork, register anytime
– Quick 30-Minute Process – Hassle-free onboarding
– Automated Data Fetching – Business details and KYC verified instantly
– Instant Digital MSA Signing – Secure and seamless
– RBI-Compliant – Meets all regulatory guidelines

With 2,000+ corporates and 48,000+ MSMEs onboarded, M1xchange is revolutionising invoice financing and working capital access.

Driving Financial Inclusion & Economic Growth
M1xchange has surpassed INR 1.6 lakh crore (US$183.8m) in total throughput, achieving 100 per cent month-on-month registration growth. MSMEs benefit from 5-8% lower financing costs, while corporates enjoy improved liquidity and streamlined payments.

Key industries such as Infrastructure, Electricals, Auto, Textiles, Energy, and Agro contribute 60 per cent of total transactions, reflecting India’s expanding economy. Partnerships with state governments in Andhra Pradesh, Maharashtra, Haryana, Goa, Madhya Pradesh, and Tamil Nadu further reinforce its impact on MSMEs.

About M1xchange
Founded in 2017, M1xchange facilitates MSME invoice financing via factoring and discounting from banks and NBFCs.
M1xchange is committed to simplifying access to working capital through digital innovation. By launching the seamless Digital Buyer Onboarding process, the company ensures that enterprises can meet compliance requirements effortlessly while unlocking the full potential of invoice financing. This initiative eliminates the challenges of physical document verification, making registration faster and more efficient for businesses across India.

With a strong focus on financial inclusion and business empowerment, M1xchange continues to set new benchmarks in digital finance.