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Tech Data, a TD SYNNEX Company, is launching Tech Data Capital in Singapore, Australia, and India, offering flexible financing solutions powered by selected financial institutions exclusively to its partners and end-customers.
Following earlier launches in North America and Europe, this expansion further bolsters efforts to leverage Tech Data’s strength, agility, and expertise in delivering solutions that cater to the needs of the channel ecosystem.
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“While the APJ technology market is dynamic and competitive with many opportunities for growth and innovation in the channel, credit and financial scalability remain a challenge,” said Matt Shifrin, Chief Financial Officer, Tech Data APJ. “Together with our financial partners, Tech Data Capital’s flexible payment solutions will empower our partners and customers to scale their purchases and operations, facilitating accelerated business growth while propelling the overall IT ecosystem forward.”
The value-added payment solutions offered by Tech Data Capital, which are supported by particular financial institutions, give IT channel partners and their customers new means of expanding their total purchasing power, which can boost revenue and quicken the expansion of the IT ecosystem.
“Tech Data is committed to empowering our partners with business model agility and the tools essential for current and future success. Robust financing is an urgent need for partners to capture growth across the APJ region. Tech Data Capital is one of such tools for our ecosystem, that will enhance their financial capacity to address rapidly changing business models and evolving customer demands,” said Jaideep Malhotra, President of TD SYNNEX, Asia Pacific & Japan.
Tech Data Capital launches in Singapore on 6 May 2024 and in Australia on 16May 2024. The launch for India will be announced at a later date.
About Tech Data
Tech Data is a leading global distributor and solutions aggregator for the IT ecosystem. It is an innovative partner helping more than 150,000 customers in 100+ countries to maximize the value of technology investments, demonstrate business outcomes, and unlock growth opportunities.
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