Axis Bank has launched its digital invoice discounting platform, Invoicemart for improving access of funds to micro, small and medium sector enterprises (MSMEs).
Invoicemart is a platform that has been created by A.TREDS which is joint venture of Axis Bank and Mjunction Service.
Kalyan Basu, MD&CEO of Invoicemart is of the opinion that digital factoring as a business can get a further boost if the government pushes the public sector MSMEs to get on the platform.