TradeRocket and The Interface Financial Group partner to offer Digital Supply Chain Finance program for the global mid-market.

Atlanta, GA, August 25, 2017 – TradeRocket and The Interface Financial Group (IFG) announced today a partnership to provide a digital supply chain finance solution for the global mid-market.

Non-investment grade, mid-market companies remain a significant driver of the global economy, but many remain without access to critical working capital funding for their suppliers. IFG and TradeRocket will work together to provide mid-market buyers and sellers access to an innovative supply chain finance marketplace which will allow buyers the opportunity to earn rebates while offering early payment options to their suppliers.

“We are excited to enter into the partnership with TradeRocket, and looking forward to bringing our proprietary digital supply chain finance solution to the TradeRocket’s global mid-market buyers and suppliers”, says George Shapiro, CEO of The Interface Financial Group.

TradeRocket’s and IFG’s Digital Supply Chain Finance program allows:

·      Fast and easy integration to a Buyers accounting or ERP platform

·      Attractive rebates to Buyers

·      Full function SIM (supplier information management)

·      Fully automated Suppliers’ sign-up process

·      Digital early payment options for Suppliers

·      Increased transparency and improved communication between Buyers and Suppliers.

“Partnering with TradeRocket allows Funders to access markets where their capital is in greatest demand”, says Jim Eckstein, CEO, TradeRocket. Eckstein went on to say, “Funders continue to tell us that we have the most intuitive and flexible platform for creating these dynamic marketplaces for working capital funding deployment, and our partnership with a global market leader like IFG is further evidence that their belief in our capabilities is well founded.”

The Interface Financial Group (IFG) is one of North America's largest alternative funding source for SME’s, providing all types of digital invoice finance and digital supply chain finance through its marketplace platform. The company serves clients in more than 30 industries in the United States, Canada, Singapore, Australia, New Zealand, UK, Ireland, Mexico and South Africa and offers cross-border transaction facilities. With more than 150 offices and over 45 years of experience, IFG provides innovative funding services and solutions. https://www.interfacefinancial.com/.

For more information, contact Glenn Noble, Chief Commercial Officer, at +1 (301) 298-5230 ext.105 or gnoble@interfacefinancial.com.

TradeRocket is a B2B marketplace that fundamentally changes the way businesses in the global mid-market fund their working capital needs.  The TradeRocket platform offers Buyers and Sellers of goods and services maximum increased flexibility in working capital and treasury management. With TradeRocket Buyers pay when they want, Sellers get paid when they want, and Funders efficiently deploy capital at attractive rates. https://www.traderocket.net/

For more information, contact us at +1 (404) 800-5766 and sales@traderocket.net.

TradeRocket to Be Part of Georgia FinTech Delegation at Money20/20, As Industry Surveys Point to a Rising Need for Mid-Market Working Capital

ATLANTA, Oct. 20, 2016 /PRNewswire/ -- TradeRocket, Inc. is pleased to be participating in Money 20/20, the world's largest payments and financial services innovation event, as part of a delegation of nearly 200 Georgia-based financial technology (FinTech) and financial services (FinServ) professionals. The event will take place from October 23rd - 26th at The Venetian in Las Vegas, and will gather more than 10,000 attendees from more than 3,000 companies and 75 countries.

Led by FinTech Atlanta, this Georgian delegation includes more than 20 exhibitors and 25 leaders who will speak at 13 educational sessions on topics ranging from machine learning, to checkless checking, to lending-as-a-service. TradeRocket CEO Jim Eckstein will be discussing Georgia's FinTech ecosystem in a roundtable discussion during the conference. In addition, TradeRocket will have company executives on hand to demo its services as part of Startup Row (Booth SR#36).

"We're thrilled to be part of a delegation of Georgia FinTech innovators," said Eckstein. "This event comes along at a perfect time for us, and we look forward to sharing our story just as we're seeing a wave of new data support our assertion that the mid-market is hungry for more working capital."

TradeRocket is a cloud-based marketplace that connects Buyers and Suppliers to a network of Funders, allowing fast, easy access to working capital for the mid-market. While working capital finance has typically been more readily available to larger enterprises, that has historically not been the case for smaller companies, including the mid-market. According to the recently released, 2016 International Chamber of Commerce Global Survey on Trade Finance, 78% of regional banks cited an increasing shortfall of trade finance. Small-to-medium sized businesses are disproportionately impacted, as this group accounted for 58% of all application rejections. TradeRocket's marketplace is taking direct aim at these most affected entities, helping to bring critical working capital to companies that have a significant impact on the world's economy.

The FinTech Atlanta delegation and associated events are curated by the following partners and sponsors: Advanced Technology Development Center (ATDC), American Transaction Processors Coalition (ATPC), City of Alpharetta, Georgia Department of Economic Development, Development Authority of Fulton County, Habif, Arogeti and Wynne (HA&W), Invest Atlanta, MAC, Technology Association of Georgia (TAG), and WNA.

For more information on TradeRocket, please visit http://www.traderocket.net/.

For more information on FinTech Atlanta's Money 20/20 events and featured Georgians, please visit http://www.fintechatlanta.org/money2020.

TradeRocket Enters Into an Agreement With Hitachi Capital America to Fund Mid-Market Financial Supply Chain

Atlanta, GA (February 2, 2016): TradeRocket, a next generation FinTech company, has entered into an agreement with Hitachi Capital America Corp. to provide working capital to the mid-market through an innovative supply chain financing program.

Launching in February, 2016, the funding under this agreement will come from Hitachi Capital America’s trade finance division, which plans to fund more than $2 billion in its fiscal year ending March 31, 2016.

Trade Rocket’s enterprise based global supply chain financing platform allows:

  • Buyers to obtain up to $5M of funding to support their supply chain
  • Suppliers the option to be paid early
  • Funders access to a recurring flow of short-term, low risk, high return investment opportunities

“TradeRocket has identified a market that Hitachi Capital America can help by improving the liquidity, balance sheets and trading relationships of companies within that sector. Their solution, backed by our capital, will help to accelerate growth with participating companies, and will have a ripple effect of providing additional critical capital to their suppliers,” says Tom Cross of Hitachi Capital America

TradeRocket will provide Hitachi Capital with a pool of mid-market buyers: companies with annual revenues of $25 million to $500 million. Once underwritten, a buyer will be able to provide an Early Pay invoice option to its entire supplier network.

“TradeRocket’s platform will provide Hitachi Capital with direct access to a network of mid-market buyers, and their associated suppliers. With their financial strength our market knowledge, and data driven marketing, we anticipate significant growth in the coming 24 months,” says Jim Eckstein, CEO, TradeRocket.

Hitachi Capital America Corp. is an independent, diversified leasing and financial services company providing financing to Hitachi group companies and the commercial business sector in the United State and Canada.  Hitachi Capital America offers a variety of financing solutions with a business focus on trade, truck, vendor, and medical equipment finance, as well as lease discounting and software financing.  Hitachi Capital America is a wholly owned by Hitachi Capital Corporation, Tokyo, Japan.  Together with its parent and sister companies located in the United Kingdom, Singapore, Hong Kong, Thailand, Malaysia, Indonesia and China, Hitachi Capital serves its customers and the Hitachi group of companies worldwide.

TradeRocket is a next-generation, financial technology company for the mid-market that enables buyers, sellers, and funders to seamlessly work together. TradeRocket makes it possible to quickly and easily convert buyers’ AP departments into profit centers, allow suppliers to accelerate their cash flow according to their own discretion, and empowers funders to originate a high-volume pipeline of short-term, low-risk assets. www.traderocket.net

Atlanta FinTech Startup TradeRocket Selected as Atlanta Metro Export Challenge Grant Winner

Atlanta, GA (January 26, 2016): TradeRocket, a FinTech startup delivering financial supply chain solutions to mid-market companies, has been chosen as an Atlanta Metro Export Plan (MEP) Challenge Grant Winner for 2016, as part of Atlanta’s participation in the Global Cities Initiative (GCI). In conjunction with this honor, TradeRocket’s CEO Jim Eckstein will attend FinovateEurope in London, February 6-12th as a member of the Atlanta Mayor’s Office of International Affairs and Invest Atlanta trade mission to reinforce Atlanta’s status as a global FinTech hub.

FinovateEurope represents the future of European banking and finance technology which includes the latest industry innovations, cutting-edge start-ups and leading established companies. 

TradeRocket is a unique, SaaS platform that allows mid-market buyers to pay suppliers when they choose to, and suppliers to get paid when they want to. It also provides funders with an opportunity to make short term/low risk/high return investments. TradeRocket brings much needed transparency to the business financial supply chain. Several Atlanta area businesses are already involved in using the platform that is designed to convert their Accounts Payable departments into profit centers. 

The Atlanta MEP was implemented in June, 2015 by multiple organizations, including the Metro Atlanta Chamber, the Georgia Department of Economic Development and the City of Atlanta, working in partnership with several other regional and local economic development agencies and public and private organizations.  The MEP is the first phase of Atlanta’s participation in the GCI, a joint project of Brookings and JPMorgan Chase, which aims to help leaders in U.S. metropolitan areas reorient their economics toward greater engagement in world markets.

“This is a great opportunity for the City of Atlanta to demonstrate its position as a global FinTech center and TradeRocket is honored to be part of this ambassador program. When you look at the amazing companies that call Atlanta home, it’s clear that our startup is in the right place, at the right time,” says Jim Eckstein, CEO, TradeRocket.  

TradeRocket is a next generation SaaS financial platform that brings enterprise class supply chain financial management to the global mid-market, and converts accounts payable departments into profit centers. TradeRocket reduces Buyer’s invoice and payment processing costs, allows Suppliers to get paid early (without negatively impacting the Buyer’s cash flow), and helps Funders deploy low risk capital.  www.traderocket.net

TradeRocket's CEO Jim Eckstein to discuss new FinTech solutions on Wall Street Business Radio: 1/19/2016

CEO Jim Eckstein of TradeRocket is being interviewed live on January 19th at 10:00 am on The Dana Barrett Show, 1190 AM Atlanta or at biz1190.com

The Dana Barrett Show, Atlanta Radio Means Business is the only live radio show focused on what's happening in Atlanta. From start-ups to big business the show keeps you up-to-date on the headlines and introduces you to entrepreneurs, executives and thought leaders. Experts speak about a range of topics. 

Jim will review TradeRocket's new SaaS FinTech platform and its partnership with The City of Roswell, GA. TradeRocket provides Roswell with an intuitive, flexible and secure way for their suppliers to electronically submit their invoices. TradeRocket’s e-Invoicing streamlines and automates the City’s invoice approval processes as well as eliminate manual data entry of supplier invoices.

The City of Roswell is a prime example of how TradeRocket can serve governments or commercial entities that have a large number of supplier invoices to process and help government and businesses to grow. Learn more about the Roswell partnership here

Please listen live at 1190 in Atlanta or at biz1190.com

For more information on the mid-market supply-chain complete TradeRocket FinTech platform, please visit www.traderocket.net 

City of Roswell Partners with TradeRocket for New, Advanced Automation Fintech E-Invoicing Services

Atlanta, GA, January 12, 2016 – TradeRocket, a new SaaS FinTech electronic invoicing and payment platform for the mid-market, announced today that it has entered into an agreement to help Roswell, Georgia, radically enhance its supplier invoice approval processes.

TradeRocket will provide Roswell with an intuitive, flexible and secure way for their suppliers to electronically submit their invoices. TradeRocket’s e-Invoicing will streamline and automate the City’s invoice approval processes as well as eliminate manual data entry of supplier invoices.

 “TradeRocket ‘s platform has created a more efficient system for the City of Roswell’s invoicing, which will not only save us time and money, but also creates a better relationship with vendors. The end result is a better operating government,” says Keith Lee from Roswell.

“The City of Roswell is a prime example of how TradeRocket can work to serve government or commercial entities that have a large number of supplier invoices to process. When an entity utilizes the TradeRocket platform, it creates a ripple effect that helps governments flourish and businesses grow,” says Jim Eckstein CEO of TradeRocket.

The e-invoicing solution is just one part of TradeRocket’s complete FinTech platform. The platform provides a unique portal for mid-market buyers, suppliers and lenders to improve their bottom lines by expediting the entire payment process. Buyers can pay their suppliers when they choose to, without adding debt to their balance sheets; suppliers can be paid when they want to, and funders are afforded a short term/low risk/high return investment vehicle. TradeRocket represents the future of mid-market supply chain FinTech.

TradeRocket is a next generation SaaS financial platform that brings enterprise class supply chain financial management to the global mid-market, and converts accounts payable departments into profit centers. TradeRocket reduces Buyer’s invoice and payment processing costs, allows Suppliers to get paid early (without negatively impacting the Buyer’s cash flow), and helps Funders deploy low risk capital.  www.traderocket.net

City of Roswell: Founded in 1836, Roswell officially became a city in 1854. Today it is Georgia’s eighth largest city, with a population of over 90,000. The city has been twice chosen by “Atlanta Magazine” as the best place to live in the Metro-Atlanta area and has been ranked one of the safest cities to live in the United States. www.roswellgov.com  

My ECheck Signs TradeRocket to Electronic Check Services

Folsom, CA, September 25, 2015 – MyECheck, Inc. (OTC PK: MYEC), the leader in electronic check solutions and mobile payments technology, announced today that it has entered into an agreement to provide electronic check and related services to TradeRocket, operator of the TradeRocket invoicing and payments platform www.traderocket.net.

 Under the terms of the agreement, MyECheck will provide TradeRocket with electronic payment services to facilitate secure, low cost, high speed electronic payments for business customers using the TradeRocket platform.

TradeRocket helps companies replace their paper-based manual invoice process with an electronic and automatic invoice process, enabling them to do more with less.  TradeRocket also enables a company’s suppliers to get paid early without negatively impacting the company’s cash flow.

 MyECheck provides fully electronic, real-time billing and payment solutions that enable higher speed, more secure and lower cost financial transactions for people and business.

 MyECheck recently launched eMobile Pay, a revolutionary new mobile commerce platform. eMobile allows businesses to send bills electronically and accept real-time guaranteed payments for only a small flat fee per transaction with no hardware or other costs.  For more information visit www.e-mobile-pay.com.

 About TradeRocket:  TradeRocket delivers a cloud-based, enterprise platform that reduces Buyers’ invoice and payment processing costs, allows Suppliers to get paid early without negatively impacting the Buyer’s cash flow and helps Funders deploy low risk capital.  For more information visit http://www.traderocket.net.

 About MyECheck:  Winner of the 2015 PYMNTS Award for Best Check Innovation, MyECheck Inc. is a leading electronic payment technology developer, licensor and payment services provider. MyECheck operates under license to US Patent 7,389,913, “Method and Apparatus for Online Check Processing” granted June 2008. This patented new payment method is the fastest, safest and lowest cost method of processing payments and moving money in the US. MyECheck provides comprehensive payment solutions for all payment applications including mobile payments and the industry’s most advanced security and fraud control technologies. MyECheck customers include corporations, retailers, governments, payment processors and financial institutions. For more information, contact sales@myecheck.com

Forward-looking statements in this release are made pursuant to “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of mentioned products, increased levels of competition, new products and technological changes, dependence upon third-party suppliers, intellectual property rights, and other risks detailed from time to time in reports filed with the SEC.