Veefin, established in 2020, has become a global leader in Digital Supply Chain Finance and Lending Solutions, offering SaaS pricing solutions to clients worldwide. The Company is recognized as the first technology partner to introduce an all-in-one SCF stack across all SCF products on a global scale. With headquarters in India, Bangladesh, and Dubai, Veefin is listed on BSE SME and employs innovative, agile, and scalable technologies to develop white-labeled Supply Chain Finance and Digital Lending solutions. This includes a comprehensive stack from customer onboarding and thorough underwriting to efficient Loan Management Systems (LMS) and collections processes. The Company caters to a diverse clientele including financial institutions, B2B marketplaces, and finTech companies globally.
Breaking away from the conventional perception of SCF as a service reserved for top-tier banks, their revolutionary approach dismantles the longstanding barriers to democratizing access to Supply Chain Finance and Digital Lending for a diverse range of financial institutions, including both Non-Banking Financial Companies (NBFCs) and Fintech firms.
In 2023, Veefin gained recognition from Forbes India and D Globalist in DGEMS for its global business potential. Subsequently, the Company expanded its footprint to Bahrain, the UAE, and South Africa - markets that present significant opportunities for growth.
Breaking away from the conventional perception of SCF as a service reserved for top-tier banks, their revolutionary approach dismantles the longstanding barriers to democratizing access to Supply Chain Finance and Digital Lending for a diverse range of financial institutions, including both Non-Banking Financial Companies (NBFCs) and Fintech firms.
In 2023, Veefin gained recognition from Forbes India and D Globalist in DGEMS for its global business potential. Subsequently, the Company expanded its footprint to Bahrain, the UAE, and South Africa - markets that present significant opportunities for growth.
In the same year, Veefin was also ranked as an industry leader in the annual IBSi Supply Chain Finance Spectrum Report, the world’s only Financial Technology-focused research & consulting firm. The Company achieved a remarkable milestone by reaching USD 12 billion in annual supply chain financing disbursements. Additionally, Veefin collaborated with Induslnd Bank to transform their Supply Chain Finance (SCF) processes.
The Company also acquired a 26% stake in EpikInDiFi - Fintech Service Provider, in a share swap deal valued at USD 14.88 million.
As Veefin continues to grow, its focus remains on expanding its global presence and driving innovation in the supply chain finance sector. With strong funding, strategic partnerships, and international recognition, the Company is well-positioned to lead the charge in transforming supply chain finance technology on a global scale.
The Company also acquired a 26% stake in EpikInDiFi - Fintech Service Provider, in a share swap deal valued at USD 14.88 million.
As Veefin continues to grow, its focus remains on expanding its global presence and driving innovation in the supply chain finance sector. With strong funding, strategic partnerships, and international recognition, the Company is well-positioned to lead the charge in transforming supply chain finance technology on a global scale.