Vetrado

Vetrado (Closed)

  • FOUNDING YEAR:
    LOCATION:
    Singapore
    REGION:
    Last Update:
    18 Oct, 2019

Description

FOCUS

PRODUCTS & SERVICES:
Vetrado is an invoice management solution provider that allows business owners to manage transactions with customers by putting invoices and payments through Vetrado's clearing system. Vetrado combines trade credit insurance, cash management, automated reconciliations, foreign exchange, localisation of payments, cash flow reporting and risk tools. Vetrado provides a credit limit to each approved customer, which protects the business every time one of those customers buys something from the business. Vetrado's credit insurance is provided by Atradius, a credit insurer. Vetrado collects and makes payments from bank accounts that are local to business's customers and suppliers. Data on all operations is reconciled and shared with businesses.
EXISTING PARTNERSHIPS:
Atradius
PRIMARY PROBLEM SOLVED:
Optimizes short-term cash flow for businesses for a long-term sustainability with insured risks.

PEOPLE

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TRACTION

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MOMENTUM

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