Proxtera: MAS launches Proxtera platform for SMEs to trade seamlessly, BFSI News, ET BFSI

Proxtera, the Monetary Authority of Singapore (MAS) and Infocomm Media Development Authority (IMDA) initiative, has successfully on-boarded several pilot platforms, facilitated live trades, cross platforms, as part of its role to empower small and medium businesses. The platform, launched in December 2020, has proclaimed itself as a “single experience” to the global ecosystem, enables B2B platforms to connect to numerous buy-and-sell options and new services, without having to leave their existing B2B platform.