For the second year in a row, Raistone has been shortlisted for the “best alternative trade or supply chain finance provider” award by Global Trade Review (GTR).
In April 2022, Raistone teamed up with Mastercard to simplify business-to-business (B2B) finance payments and accelerate working capital payments for companies of all sizes, but particularly small- and medium-sized businesses (SMBs).
The innovative use of virtual cards by Raistone and Mastercard extends convenient financial tools to the companies that need them most.
This partnership enables automated financing to suppliers via virtual cards without requiring the involvement of their customers, meaning it’s easier to accelerate payment which empowers businesses to hire new staff, purchase inventory, grow their business, and much more.
The recognition of Raistone by GTR comes shortly after being named “Best Fintech Platform for Businesses” by PAN Finance and “Best Trade Finance Provider — Non-Bank” by Global Finance Magazine.
The winner will be announced at the GTR Awards in London on May 3.