HSBC has launched a joint venture with Tradeshift called SemFi by HSBC. The venture aims to provide embedded finance solutions to businesses, initially targeting SMEs in the U.K., and will integrate HSBC’s payment, trade, and financing services into various e-commerce platforms, enabling digital invoice financing and virtual card solutions for SMEs to enhance their financial management. HSBC’s investment in Tradeshift underscores its commitment to seamless financial integration, combining startup innovation with the bank’s global expertise to support business growth in e-commerce.
HSBC Launches Embedded Finance Venture