LiquidX has completed its first trade on its LiquidX 360 platform, which integrates its existing supply chain finance, accounts receivable and trade credit insurance into a single web-based platform.

The Danish Export Credit Agency (EKF) is working with fintech Tradeshift, to underwrite credit lines to exporters as part of the country’s support for businesses during the pandemic. Banks will be encouraged to offer favourable credit lines to large organisations with export turnover in order to pay their suppliers earlier, and EKF will underwrite these lines of credit. The Danish initiative is targeting the top 250 large buyers in Denmark, and Tradeshift claims that up to $55bn in working capital can be made available to suppliers between June 2020 and June 2021.