JP Morgan Invests in Indian fintech startup

Global PayEx offers a cloud-based platform that facilitates electronic invoice sharing.

JP Morgan has invested in India-based fintech firm Global PayEx which operates in the Electronic Invoice Presentment & Payment (EIPP) and business-to-business (B2B) payments space as part of its efforts to assist corporate clients with electronic invoice presentation and quicker reconciliation.

Global PayEx offers Freepay, a cloud-based platform that facilitates the electronic sharing of invoices, handling of payments and management of transaction information between B2B buyers and sellers.

The automated and self-servicing platform has a real-time feature and sophisticated analytics function provide corporates with full visibility of their payment status as well as insights on their receivables collection. Freepay has over 30 live clients across multiple geographies.

Freepay improves working capital efficiency by digitising all processes in the order-to-cash cycle such as invoicing, dynamic credit and trade terms support, credit/debit notes, instantly applicable cash discounts, full document support for payment decisions including ePoD, and analytics driven dunning.

Also Read

Alipay+ and GHL enable cross-border payments in the Philippines

Boost Bank launches digital app for underserved Malaysians

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit

Top News

What is Lorem Ipsum?

What is Lorem Ipsum? Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

Evergreen Group obtains financing license to expand in Malaysia