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CIRRALTO SIGNS STRATEGIC PARTNERSHIP WITH AUSTRALIAN AGRI FINANCE TO GROW FARM LENDING SERVICES, page-83

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tinhat

5,671 Posts.

1742

15/02/22

10:57

Post #: 59576191
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Originally posted by Jmcjmc1: ↑

As I understood, SPX relies on Fresh Supply for the Agri / lending experience:-

WHAT WE DO

Fresh Supply Co are a supply chain digitisation company.

The level of transparency that Fresh Supply Co provides enables consumers, businesses and lenders to have confidence and understanding of the provenance of any physical asset.

We capture operational data, and shape it in our proprietary FSCo Producer Management System (middleware layer), write it to the Mastercard Provenance Blockchain.

This data natively links to our FSCo Payments infrasturucture to provide liquidity on B2B invoices.We work with leading banks and non-bank lenders to facilitate better access to capital than anything traditional offerings in the market.

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My understanding is that the Fresh Supply Co referral agreement and the Australian Agri Finance referral agreement are separate arrangements. The James Tyler $2m trade export facility came through the Fresh Supply Co relationship and is built around the Fresh Supply Co supply chain IT implementation but the Carbon offset finance referrals are via Australian Agri Finance.

SPX Price at posting: 3.0¢ Sentiment: None Disclosure: Held
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