Studies have pointed out that over 28 stakeholders can be involved in the international supply chain, ranging from logistics to financing. How to speed up the entire operation and ensure the accuracy of data exchange? It is believed that the application of technology is definitely the future trend.

Combining technologies such as artificial intelligence, big data analysis and fintech, FreightAmigo’s 1-Stop Supply Chain Finance eMarketplace is exactly meeting the needs of customers and future development. In addition to comparing freight rates and booking online, customers can also arrange trade financing, cargo insurance and customs clearance by 1-click. Whether it is an MNC, a start-up or an individual customer, the platform can definitely save customers time and money! Altogether, global shippers, financial institutions, insurance companies and logistics service providers can be linked up on this platform 24×7.

Thanks to the affirmation and encouragement of the BIS Innovation Hub (BISIH) and the Hong Kong Monetary Authority (HKMA). On the 2^nd of November, 2020, FreightAmigo won the Startup Grand Award in TechChallenge — Digitising Trade Finance! It is such an honored recognition to our trade finance and logistics solution. We look forward to the future development in solving long-standing pain points of the global trade finance business.

*TechChallenge was supported by judges from the Asian Development Bank, the Global Shipping Business Network, the Institute of International Finance, the International Chamber of Commerce, Oxford University, the People’s Bank of China, the Trade Finance Global (TFG), the TradeLens, the Trade IX & the Marco Polo Network, the Wolfsberg Group, the World Economic Forum and the World Trade Organization.

Know more: https://www.techchallenge.finnohub.org/

Read detailed news: https://www.finextra.com/pressarticle/84770/bis-innovation-hub-and-hkma-announce-techchallenge-winners

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