STOCKHOLM, Oct. 13, 2021 /PRNewswire/ — Quickly increasing FinTech Mitigram introduced at present it has been awarded SWIFT’s “Commerce Finance for Corporates” utility label.
It is a main milestone for Mitigram’s clients because the help of SWIFT’s connectivity and commerce requirements gives corporates safe entry to all banks involvedin financing commerce.
Milena Torciano, CEO Mitigram says:
“Mitigram are on a mission to take away friction from world commerce financing, so each enterprise can commerce freely. By means of SWIFT’s L2BA connectivity and MT798 requirements embedded in our Mitigram utility, we now supply our purchasers entry to any commerce financial institution on the planet.”
“Mitigram replaces siloed, analogue communication with a totally centralised end-to-end transaction ledger, automated knowledge seize and safe multi-bank communication. I’m a passionate believer that when commerce finance is seamless and expertise is democratised, everybody advantages.”
Francesco Lucchese, Head of Commerce & Receivable Finance Merchandise, Intesa Sanpaolo provides:
“Intesa Sanpaolo financial institution have been supporting SWIFT’s MT 798 requirements for a few years and are welcoming extra company use of the SWIFT channel and requirements sooner or later.”
Mr Stefan Schweigert, Group Head Worldwide Enterprise at LBBW Landesbank BadenWürttemberg, commented:
“We’re excited to listen to about this new SWIFT gateway utility coming to the market. It will present us with an extra functionality to broaden our digital journey with our purchasers. We recognize that Mitigram is now making trendy expertise accessible additionally for the SMEs, the spine of our financial system.”
André Casterman, Chair Fintech Committee, ITFA who launched SWIFT’s preliminary commerce providing for corporates a decade in the past says:
“Corporates and mid-caps can now profit from a most intuitive multi-banking utility devoted to commerce finance. Mitigram’s embedded SWIFT connectivity and requirements help makes it much more engaging.”
“SWIFT-connected corporates additionally profit as they embrace Mitigram for commerce finance flows. It is a successful proposition for all events.”
Mitigram is the main digital platform in world commerce financing. Already utilized by over 200 multinational firms, main commodity merchants and monetary establishments, Mitigram permits seamless evaluation of real-time dangers, capability and pricing from associate banks, whereas leveraging API connectivity and AI for commerce execution.