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Nec Thailand Partners With Aira Factoring To Reinforce Digital Provide Chain Finance Services
We are a leading working capital solutions platform connecting advanced enterprise ecosystems to ship economic worth with end-to-end visibility and management. BANGKOK, May 24, 2024 /PRNewswire/ -- NEC Corporation (Thailand) Limited (NEC Thailand) has announced a strategic partnership with AIRA Factoring Public Company Limited (AIRA Factoring) to elevate digital provide chain finance solutions through innovative technology and collaborative efforts. This partnership underscores NEC Thailand's commitment to leveraging its digital experience to deliver complete help and alternatives for shoppers and markets across Thailand. It offers short-term financing companies by transferring creditor's rights or factoring providers. The company's shoppers differ from small to center companies that need short-term money to fund their working capital. Its diversified portfolio of industries consists of electronic equipment and components, telecommunication, shopper merchandise, and the health and beauty business.
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This collaboration will profit businesses of all sizes and contribute to the broader economic development of Thailand and past. "NEC Thailand is delighted to companion with AIRA Factoring to boost digital supply chain finance providers," mentioned Mr. Ichiro Kurihara, President of NEC Corporation (Thailand). "This partnership represents a significant step towards achieving our shared aim of remodeling supply chain finance by way of digital solutions. We are dedicated to fostering innovation, enhancing consumer experiences, and creating a robust ecosystem of mutually helpful enterprise relationships." Headquartered in Singapore, TASConnect is a wholly owned subsidiary of SC Ventures Holdings Limited and incubated through SC Ventures – Standard Chartered's innovation, fintech investment and ventures arm.
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NEC Corporation (Thailand) Ltd. was shaped in 2003 by merging these three entities to offer skilled consultancy in IT technologies and skilled service in Thailand. In addition, NEC Corporation (Thailand) goals to attach all folks equally and create long-term sustainability in our society. "This partnership between AIRA Factoring and NEC is a powerful driver for co-value creation," says Mr. Akrawit Sooksai, CEO of AIRA Factoring and Chairman of the Thai Factors Association. "By leveraging monetary technology, we'll unlock new avenues for innovation and deliver complete financial providers that totally meet the wants of our clients, guaranteeing mutual progress for both our organizations."
Through this collaboration, NEC Thailand and AIRA Factoring will be part of forces as non-exclusive companions to provide a spread of key providers. LTD., and different digital capabilities of NEC to create sturdy and efficient provide chain finance applications. Additionally, the partnership will give consideration to shopper acquisition by focusing on particular groups and markets to determine and capitalize on new enterprise opportunities. Both corporations aim to share market information and greatest practices to drive growth and success, providing expert recommendation on marketing, product growth, and identifying potential business partners for mutual profit. The partnership between NEC Thailand and AIRA Factoring signifies a joint dedication to drive innovation and progress in provide chain finance.

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