Tagged: tradeshift

Transaction Volumes Across Global Supply Chains Declined at Fastest Rate in 18 Months in Q3 – TradeShift Report

New data from Tradeshift shows transaction volumes across global supply chains dropped at their fastest rate in eighteen months in Q3. More than one million businesses “use Tradeshift’s business commerce network to exchange invoicing and purchase order information relating to trade transactions across global supply… Read More

HSBC, B2B Fintech Tradeshift to Support Embedded Finance Solutions, Financial Services Apps

HSBC (NYSE: HSBC) and B2B fintech Tradeshift have announced an agreement to launch a new, jointly-owned business focused on the development of embedded finance solutions and financial services apps. As part of this agreement, HSBC will reportedly “make a $35 million investment into Tradeshift in… Read More

Tradeshift, the Business Commerce Platform, Reports Increase in Transaction Volumes Across US Supply Chains

Transaction volumes across US supply chains grew at their fastest pace in more than two years as domestic trade activity showed renewed signs of resilience following a recent slump, according to an update from TradeShift. Data from Tradeshift’s Q2 Index of Global Trade Health shows… Read More

Tradeshift Go to Hit $2.5B in Annualized Virtual Card Charge Volume

Tradeshift, an e-invoicing and AP automation service, announced that its virtual credit card product Tradeshift Go is on track to handle $2.5 billion in charge volume during 2021 – “a sixfold increase over 2020.” With this steady growth and over 2,000 clients, Tradeshift Go ranks… Read More

Tradeshift Reportedly Secures $240 Million Through Latest Funding Round & Puts IPO Plans on Hold

Business commerce platform Tradeshift has reportedly secured $240 million in equity and debt through its latest funding round. The new investment comes less than two years after Tradeshift raised $250 million through its Series E funding round, which was led by Goldman Sachs and Public Sector… Read More

Tradeshift CEO: Libra Will Erode Whatever Trust Users Had Left in the Facebook Platform

It is inevitable that Facebook’s crypto Libra will come under intense scrutiny and a good amount of criticism. The stablecoin, which many people think is really a security token in disguise, has already taken heat from prominent US politicians. Expect public hearings in the House… Read More

Tradeshift Partners With TransferMate For Commercial Transaction App Solution

Business commerce platform Tradeshift announced on  Thursday a new app integration from TransferMate Global Payments. According to Tradeshift, the new integration makes it even easier than ever for global commercial buyers and sellers to digitally connect along every transaction phase. Tradeshift also reported that the solution… Read More

Tradeshift Announces Acquisition of Cloud Integration Tech Firm Babelway

Business commerce platform Tradeshift announced on Tuesday it has acquired cloud integration technology firm, Babelway. According to Tradeshift, Babelway has provided a standardized way for businesses to connect disparate systems with ease and speed. Babelway’s “powerful” technology will now be offered as Tradeshift Link. Tradeshift explained: “Tradeshift… Read More

Tradeshift Secures $250 Million Through Series E Funding Round Led By Goldman Sachs & Public Sector Pension Investment Board

Business commerce platform Tradeshift announced on Wednesday it secured $250 million through its latest Series E funding round, which was led by Goldman Sachs and Public Sector Pension Investment Board (PSP Investments). The company reported that the additional participation comes from HSBC, H14, GP Bullhound, and… Read More

Tradeshift Launches End-to-End Cloud Platform For Supply Chain Payments & Finance; Includes Blockchain-Based Financing

Business commerce platform Tradeshift announced on Monday the launch of its new end-to-end cloud platform to bring supply chain payments, supply chain finance, and blockchain-based early payments together into one unified end-to-end solution, Tradeshift Pay. According to Tradeshift, by using the single unified wallet, buyers can take… Read More

Tradeshift Forms Partnership With CreditEase to Launch Trade Financing App That Will Bring Low-Cost Financing to Chinese Businesses

Business commerce platform Tradeshift announced on Wednesday it has partnered with Chinese peer-to-peer lender CreditEase to launch a trade financing app, which is aiming to bring low-cost financing to millions of businesses in China. According to Tradeshift, the goal of this partnership is to help solve… Read More

Biz2Credit Forms Partnership with Tradeshift to Expand Access to Capital Through New Platform App

Biz2Credit announced on Thursday it has formed a partnership with Tradeshift to expand access to capital through a new platform app. According to Biz2Credit, companies that use Tradeshift will gain access to Biz2Credit’s small business lending marketplace through the app. Users will receive an instant… Read More

Tradeshift & CNBC Partner For Second Annual Sanctuary at World Economic Forum Annual Meeting

Business commerce platform Tradeshift announced on Monday it is partnering with CNBC to host the second annual leadership event, Sanctuary, during the World Economic Forum Annual Meeting in Davos. Those reportedly attending the event include leaders of Water.org, Planet, NASA, Ogin, Blockchain, General Motors, and… Read More

Santander InnoVentures Invests in Commerce & Supply Chain Finance Platform Tradeshift

Santander InnoVentures, the fintech venture capital fund of Santander Group, recently announced its latest portfolio investment was made in Tradeshift, a business commerce and supply chain finance platform. According to Santander InnoVentures, Tradeshift is used by a range of Fortune 500 companies, which includes  DHL and… Read More

Fintech VC Santander InnoVentures Invests in Tradeshift

Santander Group’s global VC fund, Santander InnoVentures, has invested in  business commerce and supply chain finance platform Tradeshift. The investment will be used to further broaden Tradeshift’s capabilities, and grow the ecosystem surrounding its B2B marketplace. San Francisco-based Tradeshift is currently used by a range… Read More

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