Allianz Trade and Two fixing online B2B trade

Innovation in both digital payments and the provision of online finance to support it have progressed at breakneck speed in recent years, making global commerce more connected than ever. However, in the same century where blockchain technology is a reality, electric vehicles are commonplace, and quantum computing is around the corner, B2B sellers still lack the instant and easy payment experience available to consumers (B2C).

They are still facing last century’s challenges of using paper cheques and receipts, long transaction times for cross border payments, credit assessments on their buyers, and tedious manual back-end processes. Businesses can now expect to benefit from the same level of service as B2C, be it paying later when purchasing and preserving cash for other uses, or benefiting from a seamless, integrated and instant online purchasing experience, finally fixing B2B e-commerce (b-commerce).

As part of the partnership, we assess credit requests instantly through its API (Application Programming Interface), which integrates both companies’ respective internal e-commerce and underwriting systems, helping Two to make financing decisions on the spot.

Fintech companies are seeking out more efficient and secure methods to enable B2B growth. Two is fixing b-commerce by helping B2B players trade online without the operational complexity and the credit-fraud risk.

Meanwhile finance industry players such as us are responding with innovation in the provision of both online and offline access to cover, whether through brokers, direct clients or finance platforms.