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UniCredit taps Taulia's technology to develop working capital solutions

Thursday 18 June 2020 11:25 CET | News

Italy-based UniCredit Bank has partnered with US-based fintech Taulia aiming to develop its working capital solutions. 

According to IBS Intelligence, the partnership is expected to boost UniCredit’s existing supply chain finance (SCF) platform and allow for simplified integration into corporates’ enterprise resource planning (ERP) systems.

UniCredit stated that its clients will be enabled to alternate between bank-funded (supply chain finance) and self-funded (dynamic discounting) early payment programmes. Taulia’s platform will allow corporates to build SCF through the provision of working capital stability and supplier transparency. 


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Keywords: UniCredit, US, fintech, Taulia, Italy, banks, partnership, supply chain finance, SCF, ERP, payments
Categories: Banking & Fintech
Companies:
Countries: Italy
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Banking & Fintech