Country for PR: United Kingdom
Contributor: PR Newswire Europe
Friday, March 29 2019 - 10:17
AsiaNet
Trade Ledger Wins Two Awards at Fintech Business Annual Awards Gala
SYDNEY, March 29, 2019 /PRNewswire-AsiaNet/ --

The world's first open banking business lending platform, Trade Ledger 
[http://www.tradeledger.io/], was named the Fintech Start-up of the Year, and 
Lending platform of the year at the Fintech Business Awards at a gala ceremony 
last night.

The award comes as Trade Ledger continues to revolutionise the international 
fintech landscape, following international expansion into UK and EU markets, 
and signing up a series of major banks in its first year of operations.

In accepting the award Trade Ledger's CTO Matt Born said the multiple accolades 
should send a strong message that the revolution in data-driven business 
lending is "already becoming mainstream."

"Data-driven business lending is a generational chance for the entire financial 
sector. We must get it right, to enable SME's to fulfil their full potential," 
he said.

"Digital banking services don't recognise the existence of international 
boundaries. If local providers don't get it right, we risk the invasion of 
powerful fintech lenders from beyond our shores."

Trade Ledger beat a field of nine other start-ups, in two award categories, in 
a competitive line-up that included some of the nation's hottest up-and-coming 
firms.

Trade Ledger is the first business lending platform in the world to automate 
the entire credit assessment process, assess supply chain data in real-time, 
and calculate risk down to individual invoices. No other lending tech in the 
world can do all of these things.

The market that Trade Ledger is helping to unlock could allow banks and other 
business lenders to tap into unmet business credit demand worth AU$90 billion 
in Australia and US$2.1 trillion globally.

"The Trade Ledger platform equips lenders with the same degree of technological 
proficiency as is possessed by massive tech firms like Google or Amazon, while 
arming them with the tools needed to meet our booming innovation ecosystem's 
need for credit," continued Mr. Born.

"We look forward to our next phase of rapid growth and expansion," concluded 
Mr. Born.

For more information on Trade Ledger: www.tradeledger.io 
[http://www.tradeledger.io/]

About Trade Ledger

Trade Ledger (www.tradeledger.io) [http://www.tradeledger.io/] is the world's 
first open digital banking platform that gives banks and other business lenders 
the ability to assess business lending risk in real time. This will enable 
these lenders to address the £1.2 trillion of undersupply in trade finance 
lending globally, while providing high-growth companies with the working 
capital needed to sustain growth.

Matt Born is available for interview. Please contact Trade Ledger at 
contact@tradeledger.io to arrange.

Source: Trade Ledger