M1 NXT partners with YES BANK to offer cross-border factoring for Indian exporters
M1 NXT has partnered with YES BANK to offer digital cross-border factoring solutions for Indian exporters. The collaboration aims to expand access to export receivables financing, reduce reliance on letters of credit and improve working-capital flows. International Trade Financing Services (ITFS) Platform MINXT on Monday announced that it has partnered with YES BANK, to provide […]
M1 Group’s Samaah 2025 Sparks Industry-Regulator Dialogue on Scaling Digital Trade Finance
Mumbai (Maharashtra) [India], December 25: M1 Group successfully concluded the third edition of its flagship thought-leadership forum, Samaah 2025, in Mumbai. The event brought together policymakers, senior banking leaders, corporates, and fintech players to discuss how digital finance and supply chain innovation can accelerate India’s participation in global trade. Samaah 2025 emphasised the importance of […]
Mynd Fintech Introduces UFX For Working Capital Management
Mynd Fintech, a subsidiary of M1xchange and a leading digital lending marketplace, today announced the launch of UFX (Unified Financing Xperience) a next-generation, unified supply chain finance (SCF) platform designed to simplify, integrate, and intelligently manage end-to-end working capital programs for large corporates. UFX brings together a comprehensive suite of supply chain finance solutions on […]
M1 NXT, India Exim Finserve Partners to Support MSME Exporters
Under this partnership, India Exim Finserve has successfully financed the export of agrochemical products by Parijat Industries (India) Pvt Ltd, a leading Indian agrochemical company, to a Buyer based in the United States of America under an export factoring arrangement. M1 NXT, the International Trade Financing Services (ITFS) platform, has announced the onboarding India Exim […]
M1 NXT Expands Trade Financing for SMEs with Air8 Partnership
The Indian MSME export sector has witnessed remarkable growth, with total export value reaching ₹12.39 lakh crore in 2024-25. The number of MSME exporters has surged to 173,350, since 2020-21. On the global front, the MSME credit gap is estimated at $5.7 trillion, highlighting the urgent need for accessible trade financing solutions presenting a vast […]
Mynd IFSC launches M1NXT in GIFT City to Push Trade Finance
Mynd IFSC Pvt. Ltd. has received permission from International Financial Services Centres Authority (IFSCA) for commencement of commercial operations of its International Trade Financing Services (ITFS) Platform. Mynd IFSC Pvt Ltd, a subsidiary of Mynd Solutions Pvt Ltd, the operator of India’s leading TReDS platform will operate its ITFS platform in the brand name M1NXT. […]
M1 NXT Appoints Munindra Verma as CEO
M1 NXT has appointed Munindra Verma as the Chief Executive Officer. Mr. Verma, earlier worked with YES Bank wherein he served as Chief Product Officer and Head of Strategy & Transformation in Transaction Banking Group at YES Bank. Mr. Verma, a seasoned banking professional with over 26 years of experience in Corporate and Transaction Banking, […]
M1xchange launches new platform to help MSMEs avail easy liquidity
Trade receivable platform for MSMEs, M1xchange, has begun testing ITFS (international version of TReDs) allowing MSMEs to avail liquidity for as low as 4-9% against their invoices. The International Financial Services Centers Authority (IFSCA) has granted a license to M1NXT (Mynd IFSCA P LTD) to set up International Trade Finance Services (ITFS) platforms. The new […]