Author Name: Dion Suen – Marketing Analyst at FreightAmigo
FreightAmigo earned the Hong Kong ICT Awards 2021: Smart Business Award (Solution for SME) Award, recognizing FreightAmigo’s efforts and contributions in supply-chain finance eMarketPlace to help SMEs.
Steered by the Office of the Government Chief Information Officer (OGCIO), and organized by Hong Kong ICT industry associations and professional bodies, the Awards hopes to build a locally espoused and internationally acclaimed brand of ICT awards. The Awards aims at recognizing outstanding achievements in technological innovations among Hong Kong’s ICT talent and enterprises in their constant pursuit of creative and better solutions to address business and social needs.
Thanks for the affirmation and encouragement from OGCIO and Hong Kong Computer Society (HKCS). It is grateful that FreightAmigo earned the Hong Kong ICT Awards 2021: Smart Business Award (Solution for SME) Award on 29 November 2021. It is such an honored recognition of our technology innovation and excellence in the industry. We will continuously develop cost-effective and innovative solutions to assist SMEs in enhancing their efficiency and productivity and solve long-standing pain points of the global trade finance business in future development.
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About FreightAmigo
Established in 2017, FreightAmigo connects global traders, shippers, financial institutions, insurance companies, and logistics service providers on one platform with cutting-edge technologies. We match the needs of various stakeholders in the supply chain smartly, committed to “Make Trade Easier.”
The platform integrates sophisticated logistics industry data in real-time through the application of i.e. OpenAPI, AI, Big data analysis, thereby standardizing and streamlining the operation process of the supply chain. From sending a document, parcel, pallet, or even full container and charter flight, clients can get instant door-to-door courier, air, sea, rail, trucking freight quotes for easy comparison and online booking – 24×7 service covering over 250 countries and regions. Clients can also arrange customs clearance and FinTech solutions easily with one click.Take FinTech solution as an example, clients who submitted trade finance request a click away during booking on the platform can soon receive and compare solutions offered by multiple financial institutions. For both SME & financial institutes, not only can this service greatly improve market transparency but also effectively reduce complex procedures and lengthy processing time of traditional financing.
FreightAmigo aims to set off a new wave of revolution in the traditional trading industry. The affirmation and support from all walks of life make us go ahead. In 2020, we won the Startup Grand Award in TechChallenge — Digitising Trade Finance, organized by the BIS Innovation Hub (BISIH) and the Hong Kong Monetary Authority (HKMA). At present, we have announced the integration with HSBC Smart Solution, also the lineup of cargo insurance services with Zurich and China Tai Ping. We are also honored to be the first batch of the highest tier startup company in Microsoft Startup Program Hong Kong. FreightAmigo, through continuous cooperation with financing players and cross-industry teams, will further create a more comprehensive supply chain financial platform.
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