Banhji FinTech, a leading provider of financial technology solutions in Cambodia, today announced the official launch of its Supply Chain Finance Platform, the first of its kind in the country.
The Supply Chain Finance Platform will provide Cambodian businesses with a secure and efficient way to access financing, enabling them to improve their cash flow, manage their supply chains more effectively, and grow their businesses.
The platform will offer a range of financing products, including:
Invoice financing: Businesses can sell their invoices to Banhji at a discount, receiving immediate cash to meet their working capital needs.
Purchase order financing: Businesses can receive financing to cover the cost of purchasing supplies or inventory from their suppliers.
Factoring: Businesses can sell their receivables to Banhji at a discount, receiving immediate cash to improve their balance sheet.
The Supply Chain Finance Platform will be available to businesses of all sizes, from small and medium-sized enterprises (SMEs) to large corporations.
“We are excited to launch the first Supply Chain Finance Platform in Cambodia,” said Chankiriroth Sim, Founder & CEO of BanhJi FinTech. “This platform will address a critical gap in the Cambodian financial market and will help businesses of all sizes to access the financing they need to grow.”
The launch of the Supply Chain Finance Platform is a significant milestone for Banhji, as it demonstrates the company’s commitment to innovation and financial inclusion in Cambodia.
“We believe that financial technology has the potential to transform the Cambodian economy,” said Chankiriroth Sim. “We are committed to using our technology to make financial services more accessible and affordable for all Cambodians.”