UAE Business: Modifi ties up with DP World to enable digitisation of trade – Gulf Digital News

UAE Business: Modifi ties up with DP World to enable digitisation of trade – Gulf Digital News

Modifi and DP World have teamed up to facilitate rapid and seamless access to working capital by adding Modifi’s trade finance products to Cargoes Finance By DP World.

Modifi is the #1 global platform for SMEs to finance and manage international trade and DP World is the leading global logistics company and provider of smart supply chain solutions.

Cargoes Finance By DP World is a fintech platform that brings together global importers, exporters, logistics companies and financial institutions to facilitate expeditious end-to-end global trade finance.

Access to data

Cargoes Finance provides lenders with access to data on cargo movements, enabling them to lend with confidence to the SME segment.

DP World customers with cargo and shipping requests will now be able to take advantage of Modifi’s trade finance products for both importers and exporters, enabling them to get access to working capital and manage their cash flow with confidence via a unified digital cockpit.

Modifi is the only digital trade finance platform for SMEs that spans the three major trading regions of Europe, Asia and North America - a cluster which encompasses approximately 80% of global imports and exports.

Simple digital solutions

It provides businesses with simple digital solutions to finance and manage their trades, protect them from