New Delhi (India), February 14: Polytrade Finance, a Dubai based DeFi lending platform on the Polygon chain, proudly announces to have financed the first-ever pool of real-world invoices with crypto liquidity.
Polytrade ($TRADE) is a technology-enabled Trade Finance Platform, allowing SMEs to get unprecedented direct access to trade financing opportunities while offering attractive rewards to those that support the lending pools.
Mr. Piyush Gupta, Founder of Polytrade: “We are here to make trade financing more accessible, efficient and transparent by bridging TradeFi and DeFi. We are thus on a journey to create a fundamental paradigm shift by expanding, through technology and crypto, access to trade finance. We are leveling the investment playing field and democratizing the access to this asset class.”
Polytrade collaborates with VoloFin, a Singapore and US-based fintech company, to carry out the first pool of invoices to be financed: the partnership between the two parties has kickstarted with funding three global buyers based in US, United Kingdom and New Zealand.
Mohit Agarwal, CEO of Volofin: “We found a mutual fit with Polytrade in combining our expertises with technology, blockchain and Artificial Intelligence: we are finally providing our investors with the much-needed transparency and risk mitigation that ensures a free flow of funds”.
This lending pool is backed by Lio Factory, an alternative investments platform building disruptive ventures in fintech and deep tech. Lio Factory is currently based in Milan, Luxembourg, London and Boston.
Francesco Marini, CEO of Lio Factory: “Extremely pleased to have Lio Factory be the main partner of Polytrade in what I think is a truly disruptive event for this whole industry and SMEs in particular. Technology and blockchain allow talented entrepreneurs like Piyush and his team to break the outdated mode of trade finance.”
For more information contact:
Polytrade Website – https://polytrade.finance
VoloFin Website: https://www.volofincorp.com
Lio Factory Website: https://liofactory.com
15 thoughts on “Polytrade finances the World’s First-Ever Real World Invoice through Crypto Liquidity”
940645 367788hi, your internet site is genuinely good. I truly do appreciate your give very good results 283060
521239 553322Thank you for writing this tremendous top quality post. The information in this material confirms my point of view and you really laid it out well. I could never have written an article this excellent. 552956
908187 417168Glad to be 1 of numerous visitants on this wonderful internet website : D. 35345
746895 381807I like this internet site really a lot, Its a rattling nice spot to read and get info . 841185
790779 915175Very good post, effectively put together. Thanks. I will probably be back soon to have a look at for updates. Cheers 832129
637062 576871I dont leave plenty of comments on lots of blogs each week but i felt i had to here. A hard-hitting post. 503525
970199 196411hi!,I like your writing so considerably! share we communicate a lot more about your article on AOL? I require an expert on this area to solve my difficulty. Perhaps thats you! Searching forward to see you. 906210
783031 635700The the next occasion Someone said a weblog, Hopefully so it doesnt disappoint me approximately this. What im saying is, I know it was my choice to read, but I really thought youd have something intriguing to express. All I hear is often numerous whining about something which you could fix if you werent too busy searching for attention. 944950
448606 703437View the following guidelines less than and locate to know how to observe this situation whilst you project your home business today. Earn funds from home 385908
158876 736891hi this post aid me full . .in the event you want watches men visit my internet sites is extremely aid you for males watches. .thank man great job. 147105
4036 184216You must be a part of a contest first of the most effective blogs online. Let me suggest this weblog! 998413
796324 73552This post post produced me feel. I will write something about this on my blog. 616774
144632 106142I visited plenty of site but I conceive this one holds something extra in it in it 839609
685960 315779I was trying to find this. Genuinely refreshing take on the data. Thanks a lot. 314083
58237 764095Chaga mushroom tea leaf is thought-about any adverse health elixir at Spain, Siberia and plenty of n . Countries in europe sadly contains before you go ahead significantly avoidable the main limelight under western culture. Mushroom 529273