Aequo Helps Supplier Plus Group Launch Online Credit Platform In Ukraine

Aequo Helps Supplier Plus Group Launch Online Credit Platform In Ukraine

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Aequo has helped Estonia's SupplierPlus Group OU launch SupplierPlus, a supply chain finance solution, in Ukraine.

According to Aequo, the newly-launched reverse factoring platform “considerably [simplifies] the factoring process, which works on the basis of blockchain technology. It lets corporations leverage their strong credit profiles to finance suppliers and simplifies invoice financing. The platform allows buyers to improve payment terms, pricing, and delivery stability, while suppliers unlock access to a highly competitive stream of financing. As a result, buyers with a strong credit profile can work with the desired payment periods, while suppliers can get paid instantly.”

Aequo’s team included Partner Yulia Kyrpa, Counsel Bohdan Dmukhovskyy, and Associate Olesia Mashtaler.