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 Latest From KredX
Newsletter

Latest From KredX

by Astha Raut December 29, 2022

The past quarter brought us some significant milestones. From a bumper Muhurat Trading Day to new collaborations, we have done it all! Here is a look at the company news for this quarter:

KredX Muhurat Trading 2022

KredX organised its annual Muhurat Trading event on 19th October 2022. The 6th Edition of Muhurat Trading received an overwhelming response, with over 1500 investors participating and more than Rs 1 crore working capital raised every five minutes in a single day.

This year during Muhurat Trading 2022, the KredX Tribe has gone out of its way to make significant acquisitions to the organisation. A few of them were rewarded with exciting prizes for fulfilling their roles and responsibilities. 

  • Suman Garai
  • Aman Tomar
  • Victor Sarkar
  • Mohmadiya M
  • Chaitra P

KredX Bagged Its First Global Trade Export Deal

KredX announced its first successful funding of the annualised value of $15.6 million on its licensed International Trade Financing Services platform (ITFS). The platform will bring together financial institutions from around the world to help MSMEs and Indian exporters access working capital at competitive rates.

Launching Cash Application Solution

Our latest product suite, Cash Management Solution (CMS), is an end-to-end enterprise solution that empowers CFOs to take full control of cash flow. Cash Application is the newest addition to our CMS Receivables module, which helps corporates achieve 95% straight-through cash posting and improve reconciliation with ML-based exception handling. 

New IFA Feature On The KredX Dashboard

KredX prides itself on stringent risk management processes which ensure that investments are well-protected – keeping that in mind, KredX has introduced a new feature on the IFA dashboard, where IFAs can directly add their clients to the platform, empowering them to manage their investments with complete visibility on booked deals. 

Employee Advocacy

KredX organised an Information Security Awareness Programme for its employees conducted by Amit Jaiswal, KredX’s Information Security Consultant, to better understand how their actions can impact security and safety. This helped employees learn about their roles in maintaining the Information Security Management System and security posture of the company in detail.

Keeping in mind the wellness of employees, KredX organised Desktop Yoga for more than just physical health, which benefits them in many ways at the workplace, such as boosting energy levels and employee morale.

We Are Hiring

KredX is all set to bring the best talents on board. If you or someone you know would like to join us at the forefront as we transform the fintech landscape, click here to learn more about the career opportunities at KredX.

We want to extend our sincere gratitude to our patrons who stood by us and contributed to our growth journey. With every year as we march ahead, KredX is focused on solving customer challenges and providing its clients with the best of everything. We are also working towards providing our patrons with innovative offerings for a seamless platform experience.

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Author :-

Astha Raut

Astha Raut has spent more than two years at KredX following the latest developments in the world of finance and logistics. An English major, Astha has written extensively on market interventions and policy changes, focussing on their impact on our platform. Her expertise in both finance and writing lets her provide insightful analysis and commentary on the dynamic intersection of the two fields. You can reach her through LinkedIn.

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