More NewsSimplex Partners with Burns to Deliver Working Capital Finance

Simplex Partners with Burns to Deliver Working Capital Finance

Simplex has announced it will partner with Burns Financial eXchange to offer working capital finance as a value-added service across the Burns Business Exchange (beX). Launched in 2001, beX provides companies and their trading partners with their own private real-time exchange anywhere in the world to facilitate effective transaction process management. beX now has over 34,000 trading partners across Europe and processes over 5 million transactions per annum with a value of over €8bn. Through Simplex’s working capital finance hub (WCF hub), beX customers will be able to access reduced cost working capital finance with no additional connectivity requirements.

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