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China Daily / 2022-07 / 01 / Page010

Linklogis empowers cross-border supply chain finance via technology

By YUAN SHENGGAO | China Daily | Updated: 2022-07-01 00:00
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Linklogis and Standard Chartered have recently co-founded the international digital supply chain platform Olea, which provides a digital cross-border trade finance solution for Sumec, a key State-owned enterprise.

The platform is one example that demonstrates how Linklogis empowers cross-border supply chain finance via technology.

Linklogis, one of the largest supply chain financial technology solution providers in China, has been ranked first by market share in the country for two consecutive years, according to data from China Insights Consultancy.

Linklogis started its cross-border business journey in June 2019 while founding its Hong Kong branch. The company went listed on the main board of the Hong Kong Stock Exchange in April 2021.

Founded in 2016, Linklogis has grown into one of the top 100 fintech companies in the world, according to FinTech Magazine, and is the youngest among the nominated Chinese fintech companies such as Ant Group and WeBank.

In June 2022, Green Link Digital Bank, formed by Linklogis and Greenland Group, launched the first digital wholesale bank approved by the Monetary Authority of Singapore to bring cutting-edge financial technology and experience in serving small and medium-sized businesses in the Southeast Asian country, which is also a regional financial hub.

Early this year, Linklogis joined the Amazon Seller Central Partner Network and Amazon's Payment Service Provider Program. With both qualifications, Linklogis has taken an important step toward serving the cross-border e-commerce supply chain finance ecosystem.

 

Linklogis is listed in Hong Kong in April 2021. CHINA DAILY

 

 

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