International banking giant HSBC, announced it has invested $35 million in embedded finance supply chain platform Tradeshift, as part of a more extensive funding round for the specialty fintech to raise $70 million. The investment is strategic on behalf of HSBC, which aims to develop the joint venture to produce embedded financial services for its trade and e-commerce clients. By leveraging Tradeshift’s existing platform, HSBC aims to enhance operating capital across supply chains, aligning with its digital-first approach and commitment to fintech partnerships.

HSBC to Invest $35 Million in Tradeshift Joint Venture