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Press background on M1xchange
Company profile
Mynd Solutions is one of the very few entities approved by RBI to set up this online platform which is known as Mynd Online National Exchange or M1xchnage.M1xchnagewas launched in April 2017, to set-up and operates TReDS under the Payment and Settlement System (PSS) Act 2007. M1xchange aims to provide MSMEs Supply chain related cash flow finance at competitive rates through an open bid process via multiple financiers. M1 employs the latest technologies to ensure the authenticity of the underlying transactions.
 Recent press releases
M1xchange Raises $10 MM Led by Amazon

MSMEs across 352 Cities use the M1xchange TReDS
M1xchange will expand its network across India and emerge as a comprehensive supply chain financing leader for MSMEs of all sizes
MSMEs can access funds at a much lower rate through M1xchange TReDS exchange
MSME... (more)
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NTPC and PNB Execute First PSU TReDS Transaction on M1xchange

M1xchange to facilitate financing between NTPC and its MSME vendors
Association to create wider ecosystem for TReDS as a relevant platform for online bills discounting mechanism
 
In a significant development, M1xchange, one of the foremost exchanges dea... (more)
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