Receivables Exchange of India
Curated by SignalInvoice factoring platform enhancing cash flow for Indian MSMEs.
Overview
Receivables Exchange of India (RXIL) is a fintech company that operates in the invoice factoring sector, focusing on providing cash flow solutions for businesses, particularly micro, small, and medium enterprises (MSMEs). RXIL utilizes its TReDS platform to facilitate the conversion of accounts receivable into cash through invoice discounting, allowing sellers to access funds promptly while enabling buyers to benefit from competitive bids from registered banks. Additionally, RXIL offers services related to international trade financing, aiming to address liquidity challenges faced by MSMEs in India. The platform aims to improve access to working capital, streamline funding processes, and create investment opportunities for financiers.
Key facts
- Founded
- 2016
- Headquarters
- Mumbai, India
- Stage
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- Industry
- Financial Technology
- Sector
- Digital Lending
Business model
- GTM channel
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Contact
- Primary office
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- Phone
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Open roles
7 rolesRelationship Manager
Tamil Nadu, India · On-site · Volunteer
Senior Relationship Manager
Mumbai, Maharashtra, India · On-site · Volunteer
Relationship Manager
Gujarat, India · On-site · Volunteer