/ Axis Bank’s Online Platform Clocks 3,000 Invoices Worth More Than Rs 100 Crore ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Monday, 30 October 2017

Axis Bank backed online platform for financing Micro, Small & Medium Enterprises (MSMEs) has clocked 3,000 invoices worth more than Rs 100 crore within first 100 days of operations. The platform’s maiden transaction was completed on July 10, 2017.

Invoicemart, a digital invoice discounting TReDS (Trade Receivable Discounting System) platform, was launched in July by A.TREDS, a joint venture of Axis Bank and B2B e-commerce company mjunction services.

Axis Bank is the third largest private sector bank in India. The bank offers the entire spectrum of services to customer segments covering Large and Mid-Corporates, SME, Agriculture and Retail Businesses.

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