POLYTRADE: Blockchain-Based Trade Finance Protocol PolyTrade Successfully Raises $1.2M Funding
SINGAPORE / ACCESSWIRE / May 27, 2021 / The rampant DeFi adoption has witnessed massive opportunities to transform the fin-tech space. The emerging modern financial industry is today witnessing convergence of trade finance and DeFi. Platforms such as Polytrade are instrumental in the systematic application of blockchain technology by promoting trade finance in the world of DeFi.
Polytrade envisions bringing real-world assets to the crypto world, thus creating a seamless experience by connecting buyers, sellers, insurers, & investors. It is focused towards providing real world borrowers with seamless lending options with low interest rates and swift financing, hence fine-tuning the overall experience of small lenders. Moving forth, it strives to build a full-stack lending protocol to empower the growth of small businesses by bringing innovative solutions to the DeFi world. Leveraging blockchain technology to its fullest potential, it aims to simplify receivables financing for real world borrowers freeing up critical working capital; by supplying liquidity and capital tapped from crypto natives.