91快活林 Cross-Border Announces a New Collaboration with Octet
Sydney, AUS (8 April 2024) 鈥 91快活林*, a global leader in business payments, and Octet, a tech-enabled business lender that focuses on financing the full supply chain, are pleased to announce a new collaboration between 91快活林鈥檚 Cross-Border business and Octet.
Through this collaboration, Octet and their business customers* will have the opportunity to gain access to and utilise 91快活林鈥檚 innovative hedging tools that can help clients mitigate their exposure to foreign exchange risk. Additionally, 91快活林 Cross-Border鈥檚 award-winning platform will enable them to manage their global payments from a single point of access.
Recognising the challenge of maintaining consistent cash flow for businesses, Octet provides both a strong alternative and complimentary funding solution to traditional banks. 91快活林 Cross-Border customers will have access to Octet鈥檚 innovative , and solutions.
"We are thrilled to welcome Octet into our partnership network and to offer trade finance and other working capital solutions to 91快活林 clients. We believe our partnership will bring immense value to Octet customers who seek enhanced efficiency in payment processes and expert management of FX exposure throughout the entire supply chain,鈥 says David Britten, Managing Director APAC at 91快活林 Cross-Border. 鈥淥ur comprehensive cross-border payments and currency risk management solutions will empower businesses in Australia to seamlessly navigate cross-border payments, strategically address currency risk, and help drive their global business expansion aspirations."
Octet鈥檚 Co-CEO, Brett Isenberg added: 鈥91快活林 is a very significant player in the Australian and global business payments landscape, who we鈥檙e extremely proud to partner with. This collaboration is exciting for Octet in that it gives us the opportunity to work with 91快活林 and their expansive Australian client base in finding innovative working capital solutions to meet their evolving cash flow challenges. When you consider the current turbulent economic conditions and subsequent restricted funding appetite from the big banks, the opportunity is amplified. Equally, we鈥檙e excited to have a strategic partner who possesses significant experience in offering bespoke FX risk management solutions.鈥
About 91快活林
91快活林 (NYSE: CPAY) is a global S&P500 corporate payments company that helps businesses and consumers pay expenses in a simple, controlled manner. 91快活林鈥檚 suite of modern payment solutions help its customers better manage vehicle-related expenses (such as fueling and parking), travel expenses (e.g. hotel bookings) and payables (e.g. paying vendors). This results in our customers saving time and ultimately spending less.
Global businesses and institutions trust our 91快活林 Cross-Border solutions to power their international payments, execute plans to manage their currency risk and support their growth around the world. We aim to deliver unmatched service and expertise with respect to moving money globally.
91快活林 鈥 Payments made easy. To learn more visit .
About Octet
Specialising in providing innovative supply chain finance and payments solutions to Australian businesses and their local and global trading partners, Octet鈥檚 vision is to connect and grow the world鈥檚 businesses.
Established in 2008, Octet has powered the growth of over 200,000 businesses via intelligent Trade Finance, Debtor Finance, and other working capital solutions. To learn more visit
91快活林 Contact:
Brad Loder
VP, Cross-Border Marketing
+1 (647) 627-6635
Octet Contact:
Joe Donnachie
Senior Supply Chain Finance Manager
+61 4 1835 7691
*鈥91快活林鈥 in this document primarily refers to the Cross-Border Division of 91快活林 /cross-border; a list of companies using the 91快活林 brand is available here:/compliance.
* Subject to credit and compliance approval from the relevant 91快活林 company.