Traydstream and Swansea University’s Computational Foundry have been co-funded by the UK’s innovation agency, Innovate UK, to collaborate on bringing advanced machine learning techniques and visual analytics to the detection of malpractices in trade finance,...
Traydstream’s paperless trade solution to go live with Asian bank
Traydstream will soon release the first version of its solution for digitising and automating trade, which it will bring into production with its first bank client. The news comes as the fintech firm announces the conclusion of a US$3.5mn funding round to scale up its...
Traydstream Secures 5 Year Meezan Bank Mandate
Traydstream is excited to announce that it has secured a 5 year deal with Pakistan head quartered, Meezan Bank to implement its digital solution for trade finance processing. The Traydstream platform uses a proprietary intelligent OCR (Optical Character Recognition)...
Traydstream Successfully Closes Oversubscribed Funding Round of $3.5 Million
Award-winning trade finance fintech, Traydstream, today signalled a full scaling up of its commercial activities, having concluded a US$3.5 million pre Series-A round of financing, co-led by a group of ultra high net-worth individuals (UHNI) and Gauss Ventures. Due to...
Beyond the Blockchain
A lot has been made recently of the advent of blockchain in financial services, and banks must be applauded for their commitment to change; consortiums like R3 are clearly positive initiatives that demonstrate the industry-wide desire to innovate. With global trade...
The Start of Digitisation in Trade Finance
Introduction to Trade Finance Trade Finance at its core, has existed for thousands of years and can be seen in the early documentation of Silk Routes. Fast forward to the present day, Trade Finance remains key to global trade. According to the World Trade Organisation...
Traydstream names former Citi exec Asif Ali MD, product
Trade finance software firm, Traydstream, have announced the executive appointment of Asif Ali as Managing Director of Product. Ali brings extensive knowledge of the trade space to the FinTech, having most previously headed Citi’s Trade Business for United Arab...
Blockchain – Who does the Processing? | Interview with Traydstream CEO
Traydstream was designed by banking and technology veterans who experienced first-hand the inefficiencies faced in the provision and receipt of trade finance by banks, financial institutions (FIs) and corporates. We spoke to Sameer Sehgal, CEO of Traydstream about the...
Expansion of Traydstream’s C-Level Continues
Trade finance software firm Traydstream has announced the executive appointment of Shishir Vyas as the firm’s Chief Client Experience & Digitisation Officer. As the fintech continues to expand its core offering to banks and corporates of automating the critical...
Trade finance – how it’s catching up with the digital age
Uzair Bawany, COO at Traydstream, explains that the ancient process of trade finance is finally being transformed thanks to the application of artificial learning, machine learning and robotics. Although it drives the global economy, trade finance processing remains...