Over the last year, Raistone has entered into discussions with 11 new platform partners. These relationships, along with existing partnerships, have expanded the availability of trade finance solutions to companies that desperately need access to alternative financial tools in the wake of uncertainty among major banks.
In addition, Raistone also offers embedded finance tools in partnership with enterprise software firms. For example, in the past year, NetSuite has opted to broaden its relationship with Raistone and make its solutions more tightly integrated into the NetSuite platform.
“By bringing our innovative fintech solutions to our broad network of partners, Raistone is able to extend much-needed capital to their clients, ensuring our partners’ value-add to their users and growth firms can thrive without waiting on the banking sector to stabilize,” said Swinda Salazar-Piquemal, Raistone Head of Alliances.
With Raistone’s expertise in both finance and technology, mid-market businesses are now able to tap into a reliable source of business funding using tools that were previously only available to the largest corporations.
The recognition of Raistone by ABF Journal comes shortly after being recognized as Leader in Supply Chain Finance by Global Trade Review and Raistone Head of Capital Markets, Qing Fan, being recognized as one of the “Top Women in Asset-Based Lending” by ABF Journal.
Read the full award on ABF Journal’s page.