BANCO Supply Chain Finance is a platform by RootAnt. Headquartered in Singapore with offices in China (Shanghai, Shenzhen) and Japan (Tokyo), we are on the mission to unlock value in the supply chain which were previously inaccessible through open, innovative and scenario-based financial technology solutions.
According to the World Bank, the financing gap in the APAC region for formal MSMEs is around $2.7t (52%), higher if informal MSMEs are included. MSMEs are the main contributors to jobs and economic development, Access to Financing is still a key constraint to their growth.
At RootAnt, we want to change that by leveraging our expertise in finance and technology, to relook at how risks can be understood, assessed and mitigated, by adopting an “ecosystem first” principle. BANCO SCF platform is an early payment program where multiple parties (Banks, NBFIs, Core Enterprise, Suppliers, Insurance and others) collaborate on the single digital platform, to unlock cash in the ecosystem. BANCO reaches the deeper realms of the supply chain than other SCF programs in the market, providing the flexibility of Early Payment to the entire ecosystem especially MSMEs suppliers. BANCO empowers core enterprises to start their early payment program easily, to build relationships and make their global supply chain more resilient and sustainable.