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Trade finance platforms pivot as banks take risk-off mode
Published Mon, Apr 26, 2021 · 05:50 AM
Singapore
A NEW exchange will soon come from PrivEx to facilitate the trading of corporate loans among financial institutions.
But it is not alone. Other fintechs have taken a stab at digitising loan distribution, though this has chiefly been in trade finance. And as banks take a risk-off mode in trade finance, these nascent platforms have had to make small pivots too.
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