Category: Press

• Global transaction volumes remain on par with the previous quarter’s momentum
• US supply chains activity is close to normalizing against pre-pandemic forecasts
• China’s trade suffers 10 point loss in the wake of strict pandemic protection measures 

Tradeshift has secured more than $200m in funding and debt from a combination of existing and new investors, including Koch Industries, one of the largest privately held companies in the US.

Tradeshift saw the total number of active businesses transacting on the Tradeshift platform rise by 36 percent year on year in Q3. A series of major product enhancements further reinforced Tradeshift’s reputation as a leader in helping organizations across the world connect and transact seamlessly. Significant milestones included first-of-its-kind e-invoicing capabilities for international organizations with a footprint in China.

Tradeshift Pay eliminates friction in cross-border transaction flows between China and the rest of the world through global digitalization capabilities.

Technology has a vital role to play in relieving pressure across supply chains during volatility cycles

Charge volumes expected to grow more than 600% this year as Tradeshift’s unique network model drives virality across fintech products and services.

Smita to position company for growth as Tradeshift meets global trade’s critical demand for digital transformation.

Tradeshift, a market leader in e-invoicing and AP automation has announced that the cumulative value of transactions processed across its platform has passed the $1 trillion threshold.

Data from Tradeshift reveals that B2B trade activity across US supply chains accelerated past China in Q2, with the world’s largest economy now setting the pace for global trade recovery heading into the second half of the year.

Number of active businesses transacting on the Tradeshift platform rises by 52 per cent year on year as large enterprises prioritize digitalization of manual process to support post-pandemic growth