Calibrate backs alternative finance platform Crossflow Payments

Friday 10 February 2017 11:33 CET | News

Crossflow Payments, an alternative finance platform, has secured “significant investment” from Calibrate Management, which takes a minority stake in the company.

Founded by Tony Duggan in 2014, Crossflow Payments is a technology driven alternative finance platform that allows large corporates and their smaller suppliers to access supply chain finance.

Small businesses can raise finance against their outstanding invoices and larger businesses can access working capital and strengthen their supply chains. Supply chain finance revenue is expected to grow by around 15% in the coming years.

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Keywords: Crossflow Payments, Calibrate, finance, supply chain finance, invoicing, funding, fintech
Categories: Banking & Fintech | E-invoicing, SCF & E-procurement
Countries: World
This article is part of category

Banking & Fintech