HSBC is expanding its trade financing solutions for businesses on e-commerce platforms in mainland China and Hong Kong, building on its successful partnership with Dowsure Technologies. By integrating Dowsure’s e-commerce data with HSBC’s banking services, small and medium-sized enterprises (SMEs) now have an easier time securing trade finance. This is done by simplifying the credit assessment process for Amazon merchants, using real-time data such as sales, inventory, and refund records.

Aditya Gahlaut, Co-Head of Global Trade Solutions for HSBC in the Asia Pacific, emphasized the importance of offering financial services embedded within e-commerce platforms, providing SMEs with much-needed liquidity. Byron Pei, founder of Dowsure Technologies, highlighted how their expertise in cross-border e-commerce has allowed them to address the financing challenges SMEs face, including long payment cycles and high costs.

The collaboration also aligns with HSBC's broader digital-first strategy. HSBC Ventures has invested in Dowsure to further digitize their offerings, while a partnership with the Hong Kong Export Credit Insurance Corporation (HKECIC) provides trade credit insurance, improving access to finance for more e-commerce merchants.

- HSBC’s strategic investment in Dowsure and collaboration with HKECIC reflect its commitment to supporting SMEs through data-driven, digital trade finance solutions.

- The Asia-Pacific region’s growing e-commerce market, projected to reach $28.9 trillion by 2026, highlights the increasing demand for streamlined, real-time financing.

- This partnership demonstrates how data integration and real-time credit assessment can lower the barriers to financing, benefiting e-commerce merchants with quicker, more secure funding solutions.