The Santander InnoVentures investment will be used to further broaden Tradeshift’s capabilities, fuel the development of its platform and grow the ecosystem surrounding its B2B marketplace.
Tradeshift is used by a broad range of Fortune 500 companies such DHL and Zurich Insurance Group as well as many institutions such as the National Health Service. The company boasted a 250 % growth rate in 2015 for its procure-to-pay capabilities, payments services and cash flow solutions.
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