China Daily

Linklogis empowers cross-border supply chain finance via technology

- By YUAN SHENGGAO

Linklogis and Standard Chartered have recently co-founded the internatio­nal digital supply chain platform Olea, which provides a digital cross-border trade finance solution for Sumec, a key Stateowned enterprise.

The platform is one example that demonstrat­es how Linklogis empowers cross-border supply chain finance via technology.

Linklogis, one of the largest supply chain financial technology solution providers in China, has been ranked first by market share in the country for two consecutiv­e years, according to data from China Insights Consultanc­y.

Linklogis started its cross-border business journey in June 2019 while founding its Hong Kong branch. The company went listed on the main board of the Hong Kong Stock Exchange in April 2021.

Founded in 2016, Linklogis has grown into one of the top 100 fintech companies in the world, according to FinTech Magazine, and is the youngest among the nominated Chinese fintech companies such as Ant Group and WeBank.

In June 2022, Green Link Digital Bank, formed by Linklogis and Greenland Group, launched the first digital wholesale bank approved by the Monetary Authority of Singapore to bring cuttingedg­e financial technology and experience in serving small and medium-sized businesses in the Southeast Asian country, which is also a regional financial hub.

Early this year, Linklogis joined the Amazon Seller Central Partner Network and Amazon’s Payment Service Provider Program. With both qualificat­ions, Linklogis has taken an important step toward serving the cross-border e-commerce supply chain finance ecosystem.

 ?? PROVIDED TO CHINA DAILY ?? Linklogis is listed in Hong Kong in April 2021.
PROVIDED TO CHINA DAILY Linklogis is listed in Hong Kong in April 2021.

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