How FinTech Can Modernize SME Supply Chains

‘FinTech’ – not so new anymore but an alluring phenomenon for global supply chains. For those who fancy knowing ‘what is a FinTech?’ or simply ‘financial technology,’ it is an industry composed of both startups and established financial and technology companies which aspire to replace or augment the usage of financial services of serving companies.

For supply chain, these companies act as an intermediary in facilitating transactions between a company and its vendors. They enable both the supplier and the company to improve their working capital by leveraging former to extend its payables while ...

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