M1xchange

M1xchange headquartered in Haryana, India and founded in 2015, is an RBI approved TReDS (Trade Receivable Discounting System) platform. TReDS is an institutional mechanism set up in order to facilitate the financing of trade receivables of MSMEs from corporate buyers through multiple financiers. TReDS will boost the Indian economy by solving the erratic cash flow problems of MSMEs caused due to slow paying invoices. M1Xchange has digitally transformed the vender payment ecosystem and the way MSMEs generate working capital. This has been achieved through seamless presentation of bills, their validation, discounting, and approval of funds on a single platform. There is no need for additional collaterals to raise money through the platform. More details on M1Xchange can be accessed at http://www.m1xchange.com/. The utility of TReDS has been explained through videos at http://www.m1xchange.com/videos.php.