PingPong and MODIFI Announce Partnership to Transform B2B Cross-border Payments and Digital Trade Finance

News Snapshot:

SINGAPORE, Nov. 16, 2023 /CNW/ — In a significant development for B2B cross-border payments, FinTech platform MODIFI today announced a global B2B Buy Now Pay Later (BNPL) functionality in partnership with PingPong, one of the largest payment platforms in Asia. Announced at this year’s Singapore FinTech Festival, the collaboration will enable cross-border exporters and merchants to offer BNPL payment options to their B2B customers, helping them accelerate global business expansion and increase revenues. As the momentum for global trade digitalisation surges, the role of financial services in steering trade growth becomes ever more paramount. Addressing the nuanced needs of today’s...