ProFinTech operates a data-as-collateral platform that connects micro, small, and medium enterprises (MSMEs) with banks and non-banking financial companies (NBFCs) to facilitate trade financing. By providing transaction-level credit readiness scores, the platform enables MSMEs to access multiple loan offers within 24 hours, addressing their immediate cash flow needs.
Funding
$1.4M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Micro, small, and medium enterprises (MSMEs) often face challenges in accessing timely trade financing due to a lack of traditional collateral and comprehensive credit history. This can hinder their ability to manage cash flow effectively and capitalize on growth opportunities.
Solution
ProFinTech offers a data-as-collateral platform that connects MSMEs with banks and non-banking financial companies (NBFCs) to streamline trade financing. The platform analyzes transaction-level data to generate credit readiness scores, enabling lenders to assess risk more accurately. This allows MSMEs to access multiple loan offers within 24 hours, addressing their immediate cash flow requirements and facilitating seamless trade transactions. ProFinTech's solutions are tailored for business ecosystems and B2B marketplaces, empowering MSMEs to thrive in dynamic markets.
Target Audience
ProFinTech primarily serves MSMEs seeking access to trade financing, as well as banks, NBFCs, large enterprises, and B2B marketplaces looking to streamline lending and empower their users with financial solutions.
Features
- Transaction-level data analysis for credit readiness scoring
- Integration with banks and NBFCs to provide access to trade financing
- Digital marketplace connecting MSMEs with lenders
- Rapid loan offer generation (within 24 hours)
- Embedded trade finance solutions for B2B marketplaces
- Support for supply chain financing