
Invest Bank Partners with Veefin Solutions to Digitize Supply Chain Finance Operations
Invest Bank, a leading financial institution in UAE, has onboarded Veefin Solutions, a provider of digital supply chain finance technology and working capital solutions, to fully digitize its Supply Chain Finance (SCF) offerings. This partnership aims to replace existing manual processes with a state-of-the-art digital platform, enabling faster, more efficient, and seamless financing for businesses across the UAE. Through this collaboration, Invest Bank will leverage Veefin’s advanced SCF Loan Management System platform to streamline financing, eliminating time-consuming manual workflows and significantly improving operational efficiency. This digital transformation will provide businesses with instant access to working capital, reduced paperwork & manual intervention, and improved turnaround times, strengthening Invest Bank's position as a leader in technology-driven banking.
Key Highlights
- Invest Bank has onboarded Veefin Solutions to digitize its Supply Chain Finance operations
- This partnership aims to replace existing manual processes with a state-of-the-art digital platform
- Invest Bank will leverage Veefin’s advanced SCF Loan Management System platform to streamline financing
- This digital transformation will provide businesses with instant access to working capital and improved turnaround times
- Invest Bank is poised to leverage Supply Chain System to redefine the landscape of open account finance and enhance customer experiences