CredAble digitises financing to boost global trade efficiency

The firm addresses fragmented working capital financing.

CredAble, a digital platform focused on working capital financing, aims to streamline global trade by reducing fragmentation in transaction banking. "The biggest challenge we're trying to solve is that this is fragmented, from the way I see this across financial institutions," said Ashutosh Taparia, COO and Managing Director of Trade & Enterprise Business at CredAble.

He emphasised the company's commitment to digitising both loan origination and transaction banking to ensure "the entire global trade flow of transaction banking is digitally processed and there is no manual intervention required."

Attending Sibos 2024 for a second year, CredAble views the event as an essential opportunity for expansion. "Sibos creates a great opportunity…to showcase to the world what we do," shared Satyam Agrawal, Managing Director of International Business.

CredAble hopes to build new relationships and establish its global presence, with Agrawal adding, "We've had some fantastic relationships…which have actually translated into good opportunities."