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Zuron

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Blockchain-based trade finance platform enhancing transparency and efficiency for SMEs.

Overview

Zuron operates in the blockchain-based trade finance sector, focusing on solutions that aim to improve transparency, security, and efficiency in international trade transactions. The platform offers financing solutions that are designed for small and medium-sized enterprises (SMEs) and micro, small, and medium enterprises (MSMEs) in India. By employing blockchain technology, Zuron enables the use of smart contracts, real-time tracking of goods, and secure transaction records, which may reduce the time and costs typically associated with traditional trade finance. The company's three-way-connect model links customers, banks or non-banking financial companies (NBFCs), and suppliers, allowing businesses to use their invoices as assets for funding. This model seeks to address the funding challenges encountered by SMEs and MSMEs, potentially facilitating smoother global trade relationships and improving the reliability of the trade finance ecosystem.

Key facts

Founded
2018
Headquarters
Mumbai, India

Business model

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About Zuron

What does Zuron do?

Zuron operates in the blockchain-based trade finance sector, focusing on solutions that aim to improve transparency, security, and efficiency in international trade transactions.

Where is Zuron headquartered?

Zuron is headquartered in Mumbai, India.

When was Zuron founded?

Zuron was founded in 2018.

Which sector is Zuron in?

Zuron operates in Digital Lending, part of Financial Technology.

Who are Zuron's competitors?

Companies similar to Zuron include SupplierPlus, Hiveterminal, and VoloFin.