What is ITFS Platform?
The IFSCA-regulated digital platform where exporters and importers get trade invoices financed by global financiers — faster, and at better rates.
ITFS (International Trade Financing Services) is a digital platform, authorised by the International Financial Services Centres Authority (IFSCA), that helps exporters and importers get their trade invoices financed by multiple global financiers — rather than relying on a single bank.
Goods shipped to buyer overseas
Invoice raised with 90 days payment terms
Invoice raised with 90 days payment terms
Supplier gets the payment
Goods shipped to buyer overseas
invoice raised with 90 days payment terms
Financiers bid to fund the invoice for buyer
Financiers get paid on 90 days by buyer
Multilateral bodies have repeatedly documented this shortfall — a gap traditional banking alone hasn't closed, particularly for smaller exporters and importers who lack the collateral and relationships that legacy trade finance demands.
Global trade finance gap
Average time to get financed on ITFS
Typical cash lock-up on traditional routes
Regulatory Confidence
End-to-end digital processing
Competitive Pricing
Risk Mitigation
Balance sheet efficiency
Multi-currency readiness
Who It's Built For
ITFS platforms are built around four core participants, each playing a distinct role in the transaction:
Access financing to pay overseas suppliers on time, Strengthening supplier relationships and negotiating power.
Banks, factors, funds, and NBFCs that bid to finance trade transactions via a regulated marketplace.
Convert receivables into cash in days, not months, without waiting out the buyer's payment cycle.
Multiple financiers bid on your invoice, so you're not stuck with one bank's rate.
Access financing without requiring the overseas buyer to open an LC.
Reach global financiers beyond your existing relationships.
Access financing to pay overseas suppliers promptly, even when your own receivables haven't come in yet.
Timely payment improves negotiating power and terms with overseas suppliers over time.
Cover payment cycles without tying up long-term credit lines.
Apply and get financed online, without the physical documentation traditional trade finance often demands.
View vetted, KYC-checked trade finance units without needing to originate each deal individually.
Bid on and finance trade transactions in markets where you don't have a branch or local entity.
Price deals on your own terms within a regulated, rules-based marketplace.
The ITFS platform itself doesn't carry credit risk; financiers manage their own risk independently, within a framework built for transparency and compliance.
Provide credit protection for factoring transactions and become part of the financing ecosystem supporting cross-border trade.
Eligible credit protection can help financiers access capital relief under IFSCA's framework, subject to prescribed conditions.
Participate in India's growing international receivables financing ecosystem by supporting exporters, buyers and financiers across borders.
Build your role in an ecosystem operating within the regulatory framework of GIFT IFSC and IFSCA.
Who It's Built For
A Simple 5-Step journey from invoice to instant working capital
The exporter (or importer) uploads trade documents invoice, purchase order, shipping/customs documents which are converted into a "Trade Finance Unit" (TFU) on the platform.
Registered global financiers view the TFU and place bids either on whole turnover basis or invoice basis, offering to finance the invoice at a specific discount rate.
The exporter/importer selects the most competitive bid. Funds are disbursed digitally, converting the receivable into immediate working capital.
The exporter, importer, or financier registers on the platform after completing KYC/AML and eligibility checks as per IFSCA norms.
On the invoice due date, the buyer pays the invoice amount, which is settled with the financier — closing the transaction loop.
Regulatory Framework
ITFS platforms don't operate in a regulatory vacuum — they're built and supervised under a specific framework, in a specific jurisdiction. Understanding both explains why ITFS exists in its current form.
Gujarat International Finance Tec-City, Gandhinagar
International Financial Services Centres Authority
A few concrete reasons sit behind the policy
Multilateral bodies like the Asian Development Bank have repeatedly estimated the shortfall in the trillions of dollars — a gap traditional banking alone hasn't closed, particularly for smaller exporters and importers.
reducing dependence on offshore centres for services Indian businesses were already using.
which tends to favour large, established clients with strong banking relationships and collateral.
which are slow, paperwork-heavy, and require overseas buyers to route through their own bank's processes.
a digital platform allows an overseas financier to bid on Indian trade receivables without setting up a local branch.
through a bidding mechanism, instead of leaving exporters/importers dependent on a single relationship bank's rate.
Onboard financiers only from FATF-compliant jurisdictions; maintain AML/KYC checks and annual IT audits; set up a formal grievance redressal mechanism; and operate without carrying credit risk itself — that risk sits with the individual financiers who choose to fund a transaction.
Platform Comparison
About M1 NXT
M1 NXT is an IFSCA-authorised International Trade Financing Services platform, built to give Indian exporters and importers direct, digital access to global financiers. Operated under the Mynd Group — which also runs M1Xchange, one of India's leading TReDS platforms.
Through M1 NXT, exporters and importers can:
M1 NXT operates as an IFSCA-authorised platform, so every transaction follows a defined compliance and governance framework.
from onboarding to disbursement, the entire process is paperless, cutting turnaround time compared to traditional trade finance.
invoices are opened up to a wider financier base, not just one relationship bank, so pricing is driven by competition.
Reduce risk with without-recourse structures select financing structures that shift risk away from the exporter, where applicable.
access off-balance-sheet financing options that support better financial ratios and capital efficiency.
multi-currency support keeps the platform ready for global trade, not limited to a single currency corridor.
an integrated workflow gives full visibility into a transaction's status, from invoice upload to settlement.
Build your role in an ecosystem operating within the regulatory framework of GIFT IFSC and IFSCA.
