TreviPay, a leading B2B payments and invoicing network, has announced a strategic partnership with Allianz Trade, a global leader in trade credit insurance.
This partnership aims to integrate Allianz Trade’s credit insurance into TreviPay’s suite of trade credit and invoicing solutions, enhancing risk management capabilities for businesses globally.
The collaboration between TreviPay and Allianz Trade is designed to provide companies, especially small to medium-sized businesses (SMBs), with more secure payment options. By combining trade credit insurance with TreviPay’s payments technology, businesses can confidently manage transactions, particularly those operating in direct-to-consumer (DTC) models or expanding beyond traditional distributor networks.
TreviPay offers B2B payments and invoicing solutions, automating trade credit to help businesses optimise their order-to-cash (O2C) processes.
Allianz Trade, a global trade credit insurer, specialises in underwriting credit risk across a wide range of buyers, supporting businesses with the financial security they need to grow and scale.
With this partnership, Allianz Trade’s ability to underwrite credit risk complements TreviPay’s automated B2B payments solutions, providing clients with enhanced risk management.
SMBs with limited credit histories will particularly benefit, as they can grow with increased confidence in their transactions.
The collaboration also allows TreviPay to improve its flexible funding capabilities and offer tailored solutions that meet specific risk needs, ensuring businesses can offer trade credit without undue financial strain.
Additionally, Allianz Trade now has a referral partner in TreviPay for clients needing advanced accounts receivable (A/R) automation alongside credit insurance.
This partnership sets new standards in B2B payments by merging risk management with technological innovation.
Brandon Spear, CEO of TreviPay, said, “A strong alignment in innovative financial solutions and customer commitment makes this partnership with Allianz Trade a natural fit. The option to integrate trade credit insurance into our offerings ensures that our clients can transact with greater confidence and flexibility, driving business growth and customer loyalty.”
Francois Burtin, global head of group transformation for Allianz Trade, added, “by combining our expertise in risk management with TreviPay’s technological capabilities, we are setting new standards in business payments. This partnership allows us to support more businesses in achieving their strategic goals with enhanced security and efficiency.”
Recent research conducted by TreviPay highlights the importance of seamless A/R automation and trade credit in maintaining buyer loyalty. According to the study, 72% of business buyers are more loyal to companies that offer their preferred payment methods, with trade credit being a leading option. However, many businesses struggle to offer trade credit due to cash flow concerns and extended days sales outstanding (DSO).
The Allianz Trade partnership enhances TreviPay’s solutions by allowing clients to incorporate trade credit insurance as needed, providing more flexibility and security in their transactions.
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