Two RippleNet members, B2Brazil and Benx Banco that are based in Brazil have signed an agreement to integrate about 150,000 Small and Medium scale Enterprise in the global trade sector, a release has said.
B2Brazil, the greatest online business-to-business platform in the Americas, this month, agreed to partner Bexs Banco. Benx Banco is a Brazilian bank with experience in digital payment and trade services.
The motive of this agreement is to offer answers for foreign trade to the excess of 150 thousand import and export firms enlisted with the platform. In addition, they’ll offer proficient foreign exchange services, through digitized structures.
Alexandre Ferreira Martins, executive of B2Brazil explained that the firm has a strategic mission to advance foreign trade for micro little and medium-sized companies. Buyers and merchants can partner through the platform, offering services of value to each other.
The two organizations are currently cooperating to advance and offer Bexs Banco’s trade services through B2Brazil’s foundation. All forecasts, however, point the service will be accessible to about 150,000 firms using the platform, beginning from July, and a total trade of R$100 million is expected to be executed within a year.
The director of B2Brazil, Alexandre Ferreira Martins, said the while his company aims to help other firms facilitate trade easily, the new platform will help them connect foreign buyer and sellers together.
Ferreira further extolled Bexs Banco for the role it plays in proffering online solutions for foreign exchange services in the country, adding that B2Brazil is much inclined with the objective of helping customers facilitate foreign trade operations.
Luiz Henrique Didier Jr., President of Bexs Banco, clarified that the timing of this partnership is impeccable. Especially at a time online business is hot around the world. By progressively digitizing foreign trade services and offering the best products and services on the planet to Brazilians, they offer the best of Brazil to the world.
B2Brazil is the main B2B trade platform in the Americas, focused on creating business-to-business contacts and trades among small and medium companies. They offer answers to firms who need to develop their business effectively and viably, expanding its customer base and securing deals on the global stage. They aim to be the principal business facilitator among Brazil and the world through its online platforms in Portuguese, English, Spanish, and Chinese.
About Bexs Banco
Bexs which joined RippleNet in October 2017, is the first digital bank for global payments in Brazil interfacing the country to the world – and the world with Brazil. In the online business, SaaS and ventures section, Bexs, which has been working in the foreign trade business for over 30 years, is now the primary foreign currency exchange platform in the country, in an excess of 35 million clients.