Vayana TradeXchange (VTX) is an end-to-end digital exchange marketplace facilitating easy and affordable cross-border trade finance globally. It is registered and regulated by IFSCA, (International Financial Services Centres Authority) Gift City, Gandhinagar, India, the unified regulator set up under the IFSCA Act 2019 by the Govt of India. Vayana (IFSC) Pvt Ltd operates the VTX Platform under the broad framework put in place by IFSCA for setting up and operating International Trade Financing Services (ITFS) Platforms.
VTX enables Sellers (Exporters) and Buyers (Importers) across the globe to avail various types of trade finance products which helps them address their trade receivables and payables resulting in better management of cashflows. The unique feature of VTX is an auction-based dynamic rate discovery mechanism that helps the participants (Exporters/ Importers) get the best possible discounting rates from multiple financiers across the globe in a currency of their choice, just at the click of a button with no locational constraint. VTX ITFS Platform is the first and only FCI member which is live and in operation today under license from IFSCA. VTX is developing a strong global connect and focusing on the needs of the Indian economy as well as to serve as an international financial platform for the entire region and the global economy as a whole.
In the days to come VTX will usher in a new era of auction-based digital crossborder trade financing with a global reach and connect seamlessly with its participants across the globe. Vayana TradeXchange is part of Vayana Network which is the largest supply chain finance platform in India having a presence in USA, Singapore and Dubai. Vayana Network facilitates financing of more than USD 1 Billion month on month (more than all regulated domestic platforms put together in India) to over 2 hundred thousand MSMEs for 1000 plus supply chain programs in 25 different sectors through its multiple financer network of large public and private sector banks in India. The company is backed by strong institutional investors including IFC, March Capital, Marshall Wace, BII, PayU, Chiratae Ventures, Jungle Ventures and others.