Partnership9 Mar 2026, 12:10 pm
PSB Xchange Connects with WOGOM to Expand Institutional Credit Access for 7000+ MSMEs
AI Summary
PSB Xchange, a unified digital credit infrastructure platform supported by 12 Public Sector Banks in India and powered by Veefin Solutions’ Technology, has enabled a ₹5,000 crore credit pipeline. This integration connects WOGOM's network of over 7000 retailers with PSB Xchange, aiming to strengthen supply chain financing access for SMEs and MSMEs across India’s distribution ecosystem. The model seeks to improve credit flow and strengthen trust across the retail supply chain ecosystem.
Key Highlights
- PSB Xchange and WOGOM enable a ₹5,000 crore credit pipeline for MSMEs and retailers.
- The integration connects WOGOM's network of over 7000 retailers with PSB Xchange's multi-lender working capital ecosystem.
- Real trade transactions on the WOGOM platform are connected to institutional, bank-backed financing through PSB Xchange.
- The partnership simplifies and accelerates working capital access for MSME retailers and distributors.
- The model aims to improve credit flow and strengthen trust across the retail supply chain ecosystem.