The bank will work with FinDynamic to offer dynamic discounting to UniCredit clients as part of its working capital solutions. FinDynamic’s platform, which allows the buyer and its suppliers to automatically view invoices and choose approved invoices for early payment, is being rolled out to corporate customers in Italy and already counts companies such as Unicomm among its clients.
The agreement comes after a similar deal was announced in September 2018 between FinDynamic and BFF Banking Group, a financial services provider to suppliers of the European healthcare and public administration sectors. The partnership began as a discussion within the within the Supply Chain Finance Observatory.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the The Paypers website, they in no way represent the opinion of The Paypers.