M1xchange is an RBI-licensed Trade Receivables Discounting System (TReDS) platform that helps businesses access finance through digital invoice discounting. It connects MSME sellers, corporate buyers and financiers, enabling suppliers to receive early payment for approved invoices while giving financiers opportunities to fund receivables. Sellers can upload invoices, compare competing financier offers and select a bid; M1xchange says payment can follow the next day, with non-recourse funding available without collateral.

The platform also supports corporate buyers seeking to improve working capital and reduce suppliers’ financing costs, and financiers aiming to meet priority sector lending requirements. Its services include onboarding, receivables factoring, bill discounting, cost calculators and tailored solutions for industries such as agriculture, automotive, electronics, e-commerce, electric vehicles, infrastructure and power. M1xchange also offers small-to-small invoice financing for MSMEs and, through M1 NXT, trade finance solutions for global businesses.

Digital tools include a mobile app for uploading and authorising invoices and accepting bids. The company provides guidance, resources and support to help participants use TReDS