Traydstream signs up first ever Trade Fund, Challenger

Traydstream is delighted to add Challenger, an emerging markets focused Trade
Finance fund, to its growing portfolio of clients in production.

The Fund invests into collateralized, short-dated trade finance transactions,
which involve all facets of the trade cycle including the purchasing,
transportation and storing of the underlying products as well as the final sale of
the product to the off-taker

Co-Founder Gary Isbister commented, “We have always maintained that
operations is a vital cog in the trade finance process, and upon seeing the
capabilities of this technology, we believe it to be the perfect tool to supplement
our product offering. We see huge opportunities with the platform to help us
scale, mitigate risk and use the data to drive our growth plans.”

Uzair Bawany, Chief Commercial Officer at Traydstream added “Challenger is a
great growth story and we are really excited to be working with our first Trade
Finance fund. A first for our sector. This is a great example of another use case
that our platform can support and we are delighted to be part of Challenger’s
global growth”

Srividya Subramanian, Head of Global Sales for MENA & APAC, also commented
“The African market has so much potential and we have been pleased with the
progress we are rapidly making with like-minded clients and partners. There are
many exciting possibilities to explore.”

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