Credlix Provides MSMEs With More Than $1 Billion in Export Funding

News Desk, News Nation 360: Credlix, the cross-border trade financing platform of Moglix, has crossed USD 1 billion in export financing, providing over 1,000 MSME exporters across India, the US, Mexico, the Middle East and Singapore with the ability to bridge liquidity gaps through international export factoring in currencies such as USD, EUR and GBP. By tapping into an operational structure which enables an RBI-regulated NBFC in India and an IFSCA-regulated entity in GIFT City to finance both domestic manufacturers and overseas buyers, the platform has already committed more than USD 100 million in FY27 towards funding Mexican companies in a bilateral trade that's growing to well over USD 11 billion, a corridor highlighted during recent strategic dialogues organised by the Embassy of India with India's Ambassador to Mexico Dr Pankaj Sharma and Coparmex leadership. With India's export factoring penetration sitting at below 1% despite merchandise exports growing to USD 173.78 billion between April and July, Founder and CEO Rahul Garg and Senior Vice President Pramit Joshi said Credlix would be looking to disburse over USD 500 million in Indian exports alone in FY27, tapping into cross-border receivable underwriting and buyer onboarding capabilities that extend well beyond typical domestic platforms such as TReDS to help MSMEs take advantage of newly forged Free Trade Agreements (FTAs).

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