16 October 2023

Monavate launches new Supply Chain Payments division

Written By FinTech Alliance in FinTech

Monavate launches new Supply Chain Payments division

Cambridge payments solutions provider Monavate announces the launch of its new Supply Chain Payments division

In brief:

-It will bring new, vertical-specific payments solutions to businesses in sectors such as travel

-Monavate has appointed Anant Patel, an established payments expert with over two decades of global experience, as President of the new division.

-This latest expansion signals Monavate’s accelerated growth

What does this mean?

“In today’s dynamic business landscape, where the global B2B payments market ranges from $100 trillion to $150 trillion, there is a growing need for efficiency, innovation and a departure from outdated workflows and practices that pose barriers and add risk to businesses. My decision to join Monavate is rooted in my first-hand experience as one of their valued customers. Throughout this journey, I have witnessed the exceptional culture at the organisation, making it a place where excellence flourishes. Together, we will drive innovation and create solutions in supply chain payments, empowering businesses across the globe to thrive in an ever-evolving market,” said Anant Patel, President of Supply Chain Management at Monavate 

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