ITFA NEW MEMBERS, June 2022

ITFA is pleased to welcome the following two institutions to its growing family:

Kyriba, a US based fintech company, is one of our two new joiners which we are proud to announce for the month of June.  Main delegate for ITFA matters is Senior Director, Mr Sarvapreet Bedi.  When approached by ITFA, Sarvapreet explained that Kyriba goes beyond technology by offering a global platform providing a full service, working capital offering.  Mr Bedi further explained that Kyriba supports customers’ working capital initiatives across 195 programs in 27 currencies, for suppliers domiciled in 86 countries, and is a platform that is trusted by 7 major financial institutions, which make use of their technology.  Customers increase net income, optimize cash flow, and reduce overall supply chain risk through dynamic discounting, supply chain finance, receivables financing and PO financing.  He concluded by saying that their in-depth solution delivers a customized program design that meets all stakeholders’ needs, including funding strategies, ESG parameters and deep tier financing.

On a similar note we are also thrilled to welcome Olea Global Pte. Ltd, a Singapore based joint venture between Standard Chartered Bank and Linklogis, which is a digital trade finance platform to empower sustainable trade.  Olea focuses on originating trade finance assets from emerging markets, especially Asia.  Its Chief Executive Officer, Ms Amelia Ng, will be the main contact for ITFA matters.  Ms Ng explained that through its technology, Olea provides suppliers with a transparent and hassle-free access to working capital.  Furthermore, Amelia explained that Olea also offers investors a deeper insight into the supply chain, allowing a more effective portfolio management.


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