71% of MSMEs onboarded on TReDS are from Tier II and beyond markets, contributing 67% of the platform’s total throughput
New Delhi, June 24: M1xchange, an RBI licensed leading TReDS platform, has released its first ‘Working Capital Pulse Report’, highlighting the growing role of Tier II, Tier III and beyond markets in formal receivables financing. The report reveals that 71% of MSMEs registered on the platform originate from these emerging business centres and contribute 67% […]