Key Takeaways
- Diversify Portfolios and Reach New Customers: Banks can join iFinTok’s global multi-funder network to diversify their portfolios with low-risk assets, reach new customers, and drive ROI with short-term investments.
- Strengthen Customer Relationships and Gain a Competitive Edge: Banks can co-market iFinTok’s solutions to their corporate customers, strengthening customer relationships and improving competitive advantage.
- Gain Independence and Control: Banks can license iFinTok’s technology for trade finance capabilities, gaining full ownership and control over their supply chain finance or accounts receivable finance program operations.
In the midst of rising interest rates and changing economic conditions, financial institutions are looking for new ways to increase revenue, expand asset portfolios, and meet the liquidity needs of their customers. Trade finance offers a unique opportunity to achieve these goals.
Diversify Portfolios and Reach New Customers: Join iFinTok’s Global Network
By joining iFinTok’s global multi-funder network, banks can diversify their portfolios with low-risk, high-quality assets, reach new customers, and drive ROI with short-term investments. With access to over 400 programs and new suppliers joining daily, the funding opportunities are virtually limitless. iFinTok matches banks with programs based on buyer needs and funder requirements, including sustainability-linked criteria for “green investors.” Direct engagement with buyers and suppliers creates opportunities for business relationship growth beyond supply chain finance.
Strengthen Customer Relationships and Gain a Competitive Edge: Co-Market iFinTok’s Solutions
Banks can partner with iFinTok to offer world-class working capital solutions to their corporate customers, powered by iFinTok’s technology and expertise. Co-marketing allows banks to act on their origination channel opportunities, meeting customer needs for alternative liquidity solutions amid rising interest rates and inflation. This arrangement strengthens customer relationships and improves competitive advantage by leveraging FinTech expertise and bank funding capabilities.
Gain Independence and Control: License iFinTok’s Technology for Trade Finance Capabilities
For banks seeking independent management of sales and operations, licensing iFinTok’s working capital solutions technology provides full ownership of supply chain finance or accounts receivable finance program operations. This approach eliminates the costs and risks of in-house technology development and maintenance. Licensed programs can be operational in as little as 60 days, utilizing existing legal frameworks and credit approvals. Banks also gain access to iFinTok’s new solutions and features, ensuring their programs are powered by intuitive, agile, and innovative technology.
Bonus: Trade finance is a rapidly growing market, with global trade volumes expected to reach $25 trillion by 2025. This growth is being driven by several factors, including the rise of e-commerce, the increasing complexity of global supply chains, and the need for businesses to manage their working capital more effectively.
By leveraging the opportunities presented by iFinTok, financial institutions can position themselves to capitalize on this growth and achieve their business goals.
Frequently Asked Questions:
What are the benefits of joining iFinTok’s global multi-funder network?
Banks that join iFinTok’s network gain access to a diverse portfolio of low-risk, high-quality assets, the ability to reach new customers, and the opportunity to drive ROI with short-term investments.
How can banks co-market iFinTok’s solutions to their clients?
Banks can partner with iFinTok to offer world-class working capital solutions to their corporate customers, leveraging iFinTok’s technology and expertise. This arrangement strengthens customer relationships and improves competitive advantage.
What are the advantages of licensing iFinTok’s technology for trade finance capabilities?
Licensing iFinTok’s technology provides banks with full ownership and control over their supply chain finance or accounts receivable finance program operations, eliminating the costs and risks of in-house technology development and maintenance.
Leave a Reply