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Singapore fintech firm says launches first digital platform for trade finance assets

Reuters  |  SINGAPORE 

By Anshuman DagaSINGAPORE (Reuters) - A Singapore central bank-backed fintech firm, CCRManager Pte Ltd, on Tuesday launched what it says is the first digital platform for the distribution of international trade financing, transactions now handled mainly by phone and email. CCRManager Pte Ltd, which received a grant from the Monetary Authority of Singapore's Financial Sector Development Fund, is supported by 16 financial institutions, including Bank of China, DBS Bank, Standard Chartered Bank, Mitsubishi UFJ Financial Group, Spain's BBVA and the commercial insurance arm of Swiss Re."We believe ...

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First Published: Tue, May 16 2017. 14:33 IST
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