The need for a revolution in trade finance
Trade finance has long been the domain of large banks, providing the capital for corporates and SMEs trading internationally. As time has progressed, this small group of industry players have found it harder to provide finance to smaller companies in the market. Inevitably this has created a trade finance ‘gap’ between what banks can provide while meeting regulatory requirements and what businesses need. In 2016, this was estimated to be USD1.6 trillion – 10% of global trading activity – and has
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