{"id":39941,"date":"2025-08-07T12:03:05","date_gmt":"2025-08-07T06:33:05","guid":{"rendered":"https:\/\/dailynewsindia.co.in\/index.php\/2025\/08\/07\/veefin-announces-proposed-strategic-consolidation-of-estorifi-and-globetf-with-parent-company-to-unlock-operating-synergies-and-drive-global-growth\/"},"modified":"2025-08-07T12:03:05","modified_gmt":"2025-08-07T06:33:05","slug":"veefin-announces-proposed-strategic-consolidation-of-estorifi-and-globetf-with-parent-company-to-unlock-operating-synergies-and-drive-global-growth","status":"publish","type":"post","link":"https:\/\/dailynewsindia.co.in\/index.php\/2025\/08\/07\/veefin-announces-proposed-strategic-consolidation-of-estorifi-and-globetf-with-parent-company-to-unlock-operating-synergies-and-drive-global-growth\/","title":{"rendered":"Veefin Announces Proposed Strategic Consolidation of Estorifi and GlobeTF with Parent Company to Unlock Operating Synergies and Drive Global Growth"},"content":{"rendered":"
\n

Mumbai (Maharashtra) [India], August 7: <\/strong><\/span>Veefin Solutions\u00a0Limited\u00a0(BSE: VEEFIN | 543931),\u00a0a leading\u00a0global provider of working capital technology solutions, today announced that its Board has granted in-principle approval for the consolidation of its subsidiaries,\u00a0Estorifi Solutions Limited (\u201cEstorifi\u201d)\u00a0and\u00a0GlobeTF Solutions Limited (\u201cGlobeTF\u201d),\u00a0with\u00a0the parent company\u00a0by way of merger or such other means.<\/p>\n

This marks a significant milestone in Veefin\u2019s mission to create the world\u2019s most comprehensive and scalable working capital technology platform. The move will bring all core product verticals\u2014embedded finance, trade finance, digital lending, and cash management\u2014under one integrated umbrella.<\/p>\n

Creating Synergies Across a Unified Platform<\/strong><\/p>\n

Over the last year, Veefin has built a robust and interoperable financial ecosystem through organic growth and strategic acquisitions. Each business now complements the other, forming an end-to-end technology stack for financial institutions and corporates:<\/p>\n

\u2022\u00a0Estorifi\u00a0(operating PSBXchange) connects\u00a0Corporates and SMEs onfintechs,\u00a0marketplaces, and\u00a0other\u00a0non-financial platforms\u00a0for their SCF, Trade\u00a0finance and\u00a0working capital needs to multiple Banks and NBFCs.\u00a0This unified platform is a\u00a0global-first, and will act as the common technology bridge\u00a0for financial institutions.<\/p>\n

\u2022\u00a0GlobeTF\u00a0enhances Veefin\u2019s capabilities by integrating transaction banking solutions, including trade finance and cash management, into a\u00a0comprehensive transaction banking suite.<\/p>\n

\u2022\u00a0Together, they complete Veefin\u2019s vision of a\u00a0modular, API-first infrastructure\u00a0that supports the entire working capital lifecycle\u00a0\u2013\u00a0from loan origination to collections, and from invoice automation to risk monitoring.<\/p>\n

Speaking on the announcement, Mr. Raja Debnath, Chairman & Managing Director of Veefin Solutions Limited, said:\u00a0\u201cThis\u00a0consolidation\u00a0marks a natural progression in our journey to build the world\u2019s most comprehensive and scalable working capital platform. It\u00a0simplifies our corporate structure and\u00a0accelerates our long-term vision of creating the largest global working capital ecosystem. A unified structure empowers us to execute strategic priorities more efficiently\u00a0\u2013\u00a0be it expanding recurring revenues, entering new markets, or unlocking cross-sell and upsell opportunities across our client base\u00a0\u2013\u00a0ultimately reducing customer acquisition costs\u00a0and increase in revenue\u201d<\/p>\n

Mr. Gautam Udani, COO & Whole-Time Director, added: \u201cThis proposed consolidation will unlock operating leverage and significantly enhance our product proposition. It gives us the agility to innovate faster, offer bundled solutions across supply chain, trade and embedded finance, and deliver a truly seamless experience to our clients.\u201d<\/p>\n

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Mumbai (Maharashtra) [India], August 7: Veefin Solutions\u00a0Limited\u00a0(BSE: VEEFIN | 543931),\u00a0a leading\u00a0global provider of working capital technology solutions, today announced that its Board has granted in-principle approval for the consolidation of its subsidiaries,\u00a0Estorifi Solutions Limited (\u201cEstorifi\u201d)\u00a0and\u00a0GlobeTF Solutions Limited (\u201cGlobeTF\u201d),\u00a0with\u00a0the parent company\u00a0by way of merger or such other means. This marks a significant milestone in Veefin\u2019s mission…<\/p>\n

Read More “Veefin Announces Proposed Strategic Consolidation of Estorifi and GlobeTF with Parent Company to Unlock Operating Synergies and Drive Global Growth”<\/span> »<\/a><\/p>\n","protected":false},"author":1,"featured_media":39942,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[54],"class_list":["post-39941","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts\/39941","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/comments?post=39941"}],"version-history":[{"count":0,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts\/39941\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/media\/39942"}],"wp:attachment":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/media?parent=39941"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/categories?post=39941"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/tags?post=39941"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}