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Trade Finance
Ecosystem Report

A Comprehensive product and market review on the Trade finance ecosystem

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Trade Finance Ecosystem Report is a joint study by TBX and The Digital Fifth that examines how India’s trade finance is evolving from paper-heavy, document-centric processes to a more connected, digital and data-driven model. Launched at Global Fintech Fest 2026, the report covers core trade finance products, India’s digital and regulatory foundations, emerging technologies such as AI and blockchain, and the growing role of GIFT City. Explore how banks, businesses, fintechs and regulators come together to build a seamless & connected Trade Finance Ecosystem for the future.

Authors Include

Vaibhav Tambe

Vaibhav Tambe

Co-Founder & CEO

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TBX

Sameer Singh Jaini

Sameer Singh Jaini

Founder & CEO

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The Digital Fifth

Saumon Roy

Saumon Roy

Global Head - Trade & FX

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TBX

Deepanshu Kathuria

Deepanshu Kathuria

Associate Consultant

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The Digital Fifth

Rishita Raj

Rishita Raj

Associate Consultant

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The Digital Fifth

Rishi Shah

Rishi Shah

Senior Analyst

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The Digital Fifth