SCALING DIGITAL TRADE FINANCE WITH PANACHE

RXIL'S TREDS platform uses technology, regulation, and partnerships to expand invoice discounting access and strengthen MSME participation nationwide Team BW

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Innovation has defined Receivables Exchange of India’s (RXIL) journey in operating India’s Trade Receivables Discounting System (TReDS). The company has worked to make invoice discounting accessible for MSMEs by reducing onboarding friction and simplifying compliance. MD and CEO Ketan Gaikwad delves into how this approach has shaped growth. “From simplified MSME onboarding and seamless digital KYC processes to enabling financiers to bid competitively based on the credit strength of large corporates, the platform has consistently reduced barriers for small businesses,” he said. Partnerships with banks, NBFCs, and insurers have further increased the appeal of TReDS.