Deutsche Bank will leverage Traxpay’s technology to access discounting and reverse factoring to better manage cash flow flexibility. Traxpay offers solutions that manage working capital along the entire supply chain. Clients of Traxpay can also access supply chain finance, where financing partners can be used to pay suppliers.
The current crisis acts like a catalyst to the market. Numerous companies are reviewing their strategic relations with their suppliers and are identifying substantial potential in terms of financing. Traxpay we have an experienced partner with a good track record in Deutsche Bank AG.