TrustBills is Trade and Supply Chain Finance Innovator 2017

The recognition comes two days after the market launch of the auction platform

November 30, 2017

TrustBills wins the 'Innovator of the year'-Award at this year's Supply Chain Finance Community Forum in Amsterdam. The recognition comes only two days after TrustBills market launch and stresses the innovative strength of its business model: TrustBills is the first marketplace that connects sellers and buyers of trade receivables directly and without limitations. The awards regularly mark the focal point of the SCF Community Forum.

"TrustBills is a truly international set-up using artificial intelligence to develop a market for trade receivables. Its auction platform can set the standard for our industry," explained Prof. Michiel Steeman, chair of the judging panel and of the Supply Chain Finance Community, the body's decision. The panel consists, among others, of representatives from Fraunhofer Institute, Windesheim University, Puma and Lufthansa.

Jörg Hörster, CEO of TrustBills says about the prize: "Winning this prestigious award in the week of our market launch is a great honor and an accolade of our innovative strength. We take it as an encouragement to go even further in our venture to create a truly new service instead of merely copy-pasting old solutions into a digital environment. TrustBills journey has only just begun."

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