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China-based fintech OneConnect has announced that it has granted the first loan on its blockchain based financing platform for SMEs.
OneConnect, financing platform, B2B payments, lending, B2B lending, SME financing platform, ICBC, China Construction Bank, China, Asia, APAC, digital government, Guangdong
Union Bank’s fintech subsidiary UBX has teamed with OneConnect to build a blockchain enabled platform geared towards financing MSMEs in the Philippines.
UnionBank, OneConnect, supply chain finance, partnership, Philippines, MSME, UBX, financing , bank, blockchain, distributed ledger technology
Singapore-based fintech OneConnect has announced building a supply chain finance plaform with blockchain and cloud infrastructure to boost trade finance for SMEs.
OneConnect, supply chain finance, supply chain finance ecosystem, SME, trade finance, Singapore, Asia, APAC, cloud-based platform