LiquidX partners DBS; ramping up expansion plans in Singapore

Published Mon, Aug 5, 2019 · 09:50 PM

    Singapore

    NEW York-headquartered trade finance marketplace LiquidX has managed to get DBS, South-east Asia's largest lender, onboard its network - the first bank here in Singapore to do so.

    It was revealed on Tuesday that DBS has successfully completed a primary receivables transaction worth US$16 million with one of its undisclosed key relationship clients via the LiquidX network in the second quarter of 2019.