Innovation Award Winner
What the judges said:
This is a powerful working capital and liquidity tool for treasurers that offers transparency for buyers and sellers. We liked how it shows the balance sheet implications of actions and how it strengthens and removes risk from the supplier chain.
The LiquidX network is made up of large corporations, banks and non-bank financial institutions. A flexible and scalable technology allows Corporates to work with existing relationship banks or new lenders on bilateral or competitive transactions on a global basis. Our solution is under-pinned by a single legal framework and technology infrastructure to offer a one-stop-shop for all working capital solutions including Inventory Finance, Accounts Receivable, Supply Chain Finance and Dynamic Discounting. With the addition of Blockchain technology and Trade Credit Insurance in the coming quarters, LiquidX further enhances an already highly competitive offering.
