AWARD
Recently, The Asset, an influential financial media in the international investment community, announced the results of this year's The Asset Triple A Awards 2024. Dowsure won the "Best Structured Trade Finance Solution in China". This honor signifies Dowsure's outstanding achievements and leadership position in the field of cross-border e-commerce financial technology.
Dowsure & HSBC
As a leading global cross-border e-commerce ecosystem technology company, Dowsure has been committed to providing one-stop services for cross-border e-commerce, helping small and medium-sized enterprises to develop steadily. The award was mainly for the cooperation with HSBC Bank, which jointly launched an exclusive online supply chain financial solution for Chinese cross-border e-commerce sellers through a digital financing solution.
The scheme is based on the trade performance data of cross-border e-commerce sellers in the Amazon ecosystem provided by Dowsure, such as sales, inventory, and payment collection. It uses HSBC's developed trade performance model to calculate the financing needs of sellers throughout the trade chain to provide financial support, thus achieving faster and more accurate approval.
This model has improved the financing channels for small and medium-sized cross-border e-commerce businesses, helping them seize global business opportunities. The success of the project is also an important milestone for Dowsure and HSBC in the field of digital financing, and it also demonstrates the synergy between fintech companies and banks. Through strategic cooperation, they achieve resource sharing, complement each other's strengths, and promote the innovation and development of digital technology financial services.
The Asset
The Asset was established in 1999 and is an influential financial media in Asia. Its Triple A Awards series is considered one of the most prestigious awards on the Asian capital market.
These awards aim to recognize enterprises and financial institutions that have performed excellently in corporate fund management, trade financing, supply chain management, risk management, etc. The selection process is strict, and the standards are high, selecting top enterprises with strength and industry influence each year.