Finchain
Curated by SignalDigital lending platform enhancing trade finance through blockchain technology.
Overview
Finchain operates in the blockchain-based trade finance sector, offering a digital lending platform aimed at improving working capital management for businesses in various industries, such as manufacturing and retail. The platform utilizes blockchain technology to provide secure and immutable transaction records and to facilitate smart contracts, which are intended to streamline the loan process and mitigate the risk of fraud. Businesses can upload invoices and set discount rates to access collateral-free working capital based on trade receivables. Finchain targets businesses experiencing cash flow challenges and seeks to simplify the loan acquisition process while providing competitive rates and quick cash solutions, including for those with less than ideal financial statements.
Key facts
- Founded
- 2018
- Headquarters
- Bengaluru, India
- Stage
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- Industry
- Financial Technology
- Sector
- Digital Lending
Business model
- GTM channel
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- 4 products and services
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- Commercial model
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Contact
- Primary office
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- Phone
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