Clear acquires supply chain financing tech firm Xpedize
- The acquisition will help Clear quickly scale and become a leader in the invoice discounting space, by offering technology-led supply chain financing to its network of enterprise customers
Fintech SaaS company Clear (earlier known as ClearTax) has announced the acquisition of supply chain financing technology firm Xpedize. This is Clear’s second acquisition after taking over Ybanq – another B2B payments platform. With this, Clear will move forward in its plan to enter SME credit and B2B payments. The company has not revealed the transaction amount.
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