Innovative system for true digitalisation of transactional administration
The trade finance market is a multi-trillion euro industry. However, there is an unmet demand and low-value transactional administration reduces revenues. The EU-funded QuidProQuo project will develop an ecosystem of smart, integrated platforms and services that permit true digitalisation of transnational administration in the trade value chain. The system can save up to 12 % of the annual revenue and provides trade finance for small and medium-sized enterprises (SME). QuidProQuo targets enterprises involved in trade settlements, payments, finance, and other stakeholders. Over 60 customer discoveries with enterprises of various sizes and industries demonstrated a definitive demand for the system. The project aims now to identify pilot customers.
Fields of science
Call for proposal
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