Invoicemart, a joint venture between Axis Bank and mjunction services, is a digital platform which connects MSME suppliers and corporate buyers to multiple financiers. It enables sellers to sell their invoices to financiers, thus unlocking working capital quickly.
Invoicemart is a Trade Receivables Discounting System (TReDS) platform set up in order to resolve the credit challenges faced by MSMEs. It provides collateral-free capital to MSMEs through fast, flexible, and convenient access to funds.
The platform offers benefits for sellers, buyers, and financiers, including improved cash flows, reduced cost of funds, streamlined vendor payments, seamless ERP integration, and low-risk investment opportunities. It supports digital transformation in supply chain finance with a tech-based, secure, and intuitive interface.