US$2M raised for pre-seed round
About Nu-Credits
FINTECH
EUROPE
SDG 8 DECENT WORK AND ECONOMIC GROWTH
Nu-Credits is a trade finance platform for businesses that connects banks & liquidity providers to suppliers exporting to overseas blue chip companies, supporting instant cash flow between parties.
Nu-Credits deploys blockchain technology by creating digital assets for account receivables & letters of credit making it easier to be traded by global capital market players including banks, asset management companies and crypto investors for ABS and STO.
It also enables SMEs to open company bank accounts in the UK and Germany with multi-currency payment solution. This allows Nu-Credits to monitor the working capital cash flow and develop more cross-border lending products in partnership with banks and other liquidity providers. The team comprises of banking, investment and technology professionals who have been working together for the last 4 years in a previous startup. We have nailed the Proof of Concept from Standard Chartered, Barclays, Deutsche Bank and Citi Bank for Import Factoring partnership.
- Selected by HKMA and BIS as one of the top 30 global trade finance innovative solutions along side with PingAn One Connect, Standard Chartered, Rifinitiv and Tencent