Pantavanij partners with fintech platform

Digital information available on Pantavanij’s system can be used to provide financing to sellers and suppliers

Pantavanij partners with Investree, Fintech Platform Specialising in SME Credit, to provide financing to SME, strengthen supply chain financing, and allow SME convenient and fast access to credit

Mr. Apisit Kuparatana, Managing Director, Pantavanij Company Limited,  leading provider of e-procurement platform and B2B marketplace in Thailand and ASEAN, and Mr. Worakorn Sirijinda, Co-Founder of Investree (Thailand) Limited, have together signed MOU to become partners in providing supply chain financing to sellers and suppliers who are registered on Pantavanij’s e-Procurement system, with the goal of increasing access to funding for SME sellers and suppliers on Pantavanij’s platform.

Digital information available on Pantavanij’s system can be used by leading financial service providers to provide financing to sellers and suppliers thereby increasing their business opportunity and strengthen SME’s competitiveness and economy as a whole. Interested Pantavanij suppliers can request financing from financial institution partners of Pantavanij, using just their invoice submitted via the Pantavanij’s platform. The process is made to be convenient, fast, allowing suppliers to receive a response within 3 days.

Investree (Thailand) Limited is a Fintech Start-Up that started in Indonesia before expanding to Vietnam, Philippines, and Thailand, and is in the process of applying for Crowdfunding Platform License from the Securities Exchange Commission of Thailand.

Worakorn Sirijinda, Co-Founder of Investree (Thailand), stated that Investree’s mission is to be an intermediary and match SMEs who need financing with investors through our platform with ease, transparency and fair pricing. We recognize that SMEs face many inconveniences in accessing financing from formal financial institutions leading many to turn to non-banks, pay extremely high interest rates which in turn depresses their margin making them less competitive. Investree’s business is to match SMEs who need financing with qualified investors who understand the risk and reward.