Tradeling, the Middle East and North Africa (MENA) B2B e-marketplace focused on connecting international sellers to local demand, is expanding its B2B commerce system with a new digital ecosystem, according to a report.
Tradeling offers cross-border trade between the Middle East and the rest of the world, and works with a holistic ecosystem and seamless logistics, according to the report.
The report says Tradeling connects local businesses with wholesale suppliers globally.
It offers the possibility of reducing margins, while international sellers can use Tradeling to better serve the Middle East market.
Marius Ciavola, managing director of Tradeling, said the goal was to help connect various entities and people.
“We give our users what they never thought they needed, and that’s been the backbone of our rapid success,” Ciavola said. “The future of commerce is digital, and we continue to grow our team and expand our digital ecosystem in the most user-friendly and convenient way by enabling businesses around the world to trade through a single, seamless digital platform. and reliable.”
Read more: Tradeling, MODIFI partner on trade finance
Tradeling also partnered with FinTech MODIFI in January, PYMNTS wrote.
MODIFI said the companies’ partnership would support Tradeling users working in digital trade finance, allowing Tradeling customers to get 30, 60 or 90-day payment terms and pay vendors sooner.
Ciavola was quoted in this report as saying that the partnership will “further help companies obtain additional liquidity to fund transactions where traditional financing solutions cannot help.”
“This will increase their buying power and qualify them for rebates, allowing businesses to further improve their margins and make their operations more profitable,” he said.
MODIFI CEO Nelson Holzner said the MENA region was important, with trade everywhere being a “key driver for development”.
Additionally, in 2020, Tradeling rolled out a Small Business Credit Facility, allowing customers to access revolving credit for sellers on its platform.