Traydstream Closes $21M Series B Financing

Traydstream

Traydstream, a London, UK-based fintech company working for the trade finance industry, raised $21M in Series B funding.

The round was led by Pivot Investment Partners and e& capital.

The company intends to use the funds to accelerate its efforts at enhancing its AI-powered platform.

Led by Sameer Sehgal, CEO, Traydstream provides automated trade document scrutiny and compliance checking, and risk management solutions to empower financial institutions and corporates to streamline trade finance operations, reduce risks, and enhance efficiency.

Powered by machine learning, the software digitises trade documents and automates the trade and compliance checking processes. Errors and discrepancies are highlighted.

FinSMEs

29/09/2023