Disclosure pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR Regulation, 2015)
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Veefin Solutions' PSBXchange platform has onboarded multiple B2B SaaS and fintech partners, including IBSFINtech, Xtracap Fintech, Metalbook, Supermoney, Avysh, Invoyz, Deleverage, and others. These partners will use PSBXchange's infrastructure to offer embedded supply chain finance (SCF) and working capital solutions to their corporate customers, dealers, and vendors. PSBXchange is powered by Veefin in partnership with PSB Alliance, giving platforms access to a network of PSU and private banks through a single API integration. The partnerships span verticals like accounts payable automation, treasury management, distributor finance, and SME lending.
This is a business expansion move that broadens PSBXchange's ecosystem and could drive higher transaction volumes on Veefin's platform over time. However, no revenue numbers, order values, or financial guidance were disclosed, so the near-term impact on earnings is unclear.