Riverchain, a Hong Kong-based FinTech company, fosters a resilient future in construction by leveraging advanced technology to deliver equitable and accessible working capital solutions.
Hong Kong’s construction sector is facing a financing gap that continues to widen. Back-to-back payment arrangements, long receivable tenors, time-consuming paper-based processes, and limited access to traditional financing have led to an estimated HK$53.8 billion locked up in the supply chain annually.
As a digital-led platform, Riverchain provides a transparent supply chain, which allows for greater visibility of project performance and payment. The company goal is guiding the industry towards digital transformation, as well as enabling higher transparency on payment and optimised workflow for future success.
