Fynance is a leading supply chain financing service provider, with the simple goal of transforming the B2B supply chain by making transactions faster and easier between clients and suppliers. Hence, we developed an innovative technology platform based on cloud computing, blockchain, and other advanced technologies.

Maintaining a healthy cash flow is one of the top challenges for small and growing businesses in Malaysia. Companies juggle cash from customers to pay for stock, employees, and expenses. In many cases, money from profits is insufficient to reinvest and grow the businesses further while settling outstanding payments.

We started to see a gap in business-to-business invoice payments where the supplier’s credit terms became shorter and shorter and at the same time, customer payments were being pushed out further. Banks were uneasy to provide credit terms to small and medium businesses that did not meet their inhibitive criteria and even if it was possible to obtain a credit line, the costs and processing times meant that invoices were still not getting paid quickly enough.

For us, helping our clients to increase margins by allowing them to negotiate discounts and focus on improving and developing long-lasting relationships with their suppliers is our first priority.