In the News
LiquidX Launches Strategic Product InBlock, Expands the Order-to-Cash Digitization Network with Flex
LiquidX has announced the launch of their product InBlock and the expansion of their closed network through strategic partner Flex.
LiquidX appoints executive from Allianz’s Euler Hermes unit as Global Head of Insurance Sales and Business Development
LiquidX announced the appointment of Todd Lynady as Managing Director and Global Head of Insurance Sales and Business Development. In this newly created role, Lynady will be responsible for leading the firm’s sales, origination and business development strategy for LiquidX’s trade credit insurance digital marketplace globally.
LiquidX launches its white-label trade finance offering, the LiquidX Partner Program (LPP), allowing banks to access state-of-the-art technology and reduce overhead spend.
LiquidX announced that the first trade has been transacted on the next-generation LiquidX 360 platform. The new product integrates A/R, supply chain finance, and trade credit insurance onto a single web-based platform.
LiquidX is excited to announce the addition of Emirates NBD, a leading MENAT Bank, to its network
LiquidX's trade credit insurance marketplace was named one the 9 key tech trends of 2019 by Global Trade Review (GTR)
LiquidX produces record results in 2019; expands network with new participants, new products, and increased global reach
Trading volume grew to $9.7B in 2019 and revenues increased more than 90% year over year
LiquidX, the global network for illiquid assets, today announced the expansion of its products to include Supply Chain Finance (SCF). The SCF solution is the first to be deployed on LiquidX’s new web-based portal, an industry-leading technology platform featuring seamless access to multiple trade finance and insurance products...
Great American Insurance Company Joins LiquidX Network, Completes First Insurance Transaction with Highmore Group Advisors
LiquidX, the global network for illiquid assets, today announced Great American and its subsidiary FCIA Management Company, Inc. (“FCIA”) have joined the LiquidX network as the third insurer on the trade credit insurance marketplace. Great American issued its first policy to Highmore Group Advisors, a global alternative asset management firm...
LiquidX Exceeds $23 Billion of Volume Since Inception; September Revenues Up 162% Year Over Year; Expands Broadridge Relationship
LiquidX had a great 3rd quarter with total volume surpassing $23B since 2016 and revenue growth of 162% year over year. We are also excited to announce that we've signed an agreement with Broadridge to handle all cash management services on the platform. This partnership strengthens our operational infrastructure and deepens our relationship with a global Fintech leader that processes over U.S $7 Trillion per day.
PYMNTS.com recently spoke with LiquidX's Glenn Kocher about how volatility in trade markets makes trade finance an important tool in managing working capital
Global Trade Review recently profiled the expansion of our Singapore team
LiquidX, the global network for illiquid assets, is excited to welcome DBS Bank to its network
Leader’s Edge Interviews LiquidX CEO Jim Toffey, Highlights LiquidX Trade Credit Insurance Marketplace
Leader's Edge recently interviewed LiquidX CEO Jim Toffey about the impending electronification of the insurance industry, and discussed how the LiquidX Trade Credit Insurance Marketplace is a key strategic focus for the company.
LiquidX Surpasses $21B of Volume Since Inception; June Volume Reaches $1.5B, a 92% Year over Year Increase
LiquidX, the global network for illiquid assets, today announced trading volume reached $2.7B in the second quarter, including a monthly-record volume of $1.5B in June
The Convergence Of Trade Finance And Trade Credit Insurance
LiquidX Transactions Soar 546% in First Quarter as Platform Adds Banks, Corporates and Insurers to Network; Volume Hits $1.1 Billion in March Alone
LiquidX, the global network for illiquid assets, announced today that it has collaborated with Marsh, a global leader in insurance broking and innovative risk management solutions, to launch a next generation platform for the multi trillion dollar trade credit insurance industry.
A new digital marketplace for trade credit insurance is now live, allowing financiers and corporates to request insurance with multiple underwriters through an online process.
LiquidX has opened new offices in London and Singapore and established a New York-based desk exclusively focused on Latin American transactions.
LiquidX, the global network for illiquid assets, today announced trading volume reached $1.9 billion in the first quarter, as the company rapidly expanded its roster of corporations, assets, liquidity providers, and cross-border capabilities. Trading volume was up 50% year-over-year, while the number of transactions handled by LiquidX rose 88%.
In December alone, the LiquidX platform achieved record volumes of $800M, a 93% increase year over year. This capped off another record breaking quarter and year. 2017 also saw the continued expansion of the network which included new participants from the Technology, Commodity, Heavy Equipment, Banking and Asset Management sectors. 2017 was a year of […]
Today, much is being talked about the role of Fintech companies in the financial services sector and phrases such as “digital banking”, “technology disruption” and “Fintech revolution” are commonplace.
LiquidX won the Innovation Award at EuroFinance Barcelona. LiquidX is the only company to win this award at both EuroFinance’s Barcelona and Miami conferences. To learn more and watch the live presentation…
LiquidX was highlighted as a leading network innovator at the 2017 ITFA annual conference in Edinburgh, which brought together over 200 delegates from around the world to debate the digitization and standardization of trade-related assets.
An award to acknowledge banks and service providers that stand out for their transformative products and solutions. The Global Finance board considered nominations and submissions, key research and the input of experts, and selected LiquidX for our process innovation as an “Electronic Marketplace for Trade Finance and Working Capital.”
An ongoing programme of innovations at the LiquidX marketplace platform is expected to build upon the $500-600m of trade finance assets already traded each month on the electronic marketplace, which has swiftly carved a strong niche in its first year of operation. In its role as a complementary funding source to traditional banking, the New York-based LiquidX has executed over $4.5bn of trade volume since its 1 January 2016 inception, ITF was told in midFebruary by Glenn Kocher, managing director at LiquidX.
LiquidX Inc. is the largest electronic marketplace for the exchange of Trade Finance and Working Capital assets. Through its leading auction-based protocol and technology it provides a transparent market place for the exchange of Trade Finance and Working Capital assets, including receivables and supply chain finance solutions.