Veefin Announces Proposed Strategic Consolidation of Estorifi and GlobeTF with Parent Company to Unlock Operating Synergies and Drive Global Growth

Creating Synergies Across a Unified Platform

Over the last year, Veefin has built a robust and interoperable financial ecosystem through organic growth and strategic acquisitions. Each business now complements the other, forming an end-to-end technology stack for financial institutions and corporates:

• Estorifi (operating PSBXchange) connects Corporates and SMEs onfintechs, marketplaces, and other non-financial platforms for their SCF, Trade finance and working capital needs to multiple Banks and NBFCs. This unified platform is a global-first, and will act as the common technology bridge for financial institutions.

• GlobeTF enhances Veefin’s capabilities by integrating transaction banking solutions, including trade finance and cash management, into a comprehensive transaction banking suite.

• Together, they complete Veefin’s vision of a modular, API-first infrastructure that supports the entire working capital lifecycle – from loan origination to collections, and from invoice automation to risk monitoring.

Speaking on the announcement, Mr. Raja Debnath, Chairman & Managing Director of Veefin Solutions Limited, said: “This consolidation marks a natural progression in our journey to build the world’s most comprehensive and scalable working capital platform. It simplifies our corporate structure and accelerates our long-term vision of creating the largest global working capital ecosystem. A unified structure empowers us to execute strategic priorities more efficiently – be it expanding recurring revenues, entering new markets, or unlocking cross-sell and upsell opportunities across our client base – ultimately reducing customer acquisition costs and increase in revenue”

Mr. Gautam Udani, COO & Whole-Time Director, added: “This proposed consolidation will unlock operating leverage and significantly enhance our product proposition. It gives us the agility to innovate faster, offer bundled solutions across supply chain, trade and embedded finance, and deliver a truly seamless experience to our clients.”

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