BSECompany Update2d ago · 18 Aug 2026, 10:37 am

Veefin Solutions and NSIA Group partner to Transform Supply Chain Finance across Five West African Markets

Veefin Solutions Ltd · 543931

✦ AI Summary▲ PositiveExpansion

Veefin Solutions Ltd has partnered with NSIA Group to expand supply chain finance capabilities across five West African markets, enabling businesses and SMEs to access digital working capital through reverse factoring and factoring programmes.

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Earnings Impact2/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact6/10
Market Sentiment8/10

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Veefin Solutions Ltd - 543931 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

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Date: August 18, 2026 BSE Limited P J Towers Dalal Street, Mumbai - 400001. Scrip Code: 543931 Subject: Press Release Reference: Disclosure pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR Regulations, 2015) Dear Sir/ Ma’am, In pursuance of Regulation 30 of the SEBI LODR Regulations, 2015, we are enclosing herewith Press Release titled ‘Veefin Solutions and NSIA Group Partner to Transform Supply Chain Finance Across Five West African Markets’ You are requested to kindly take the same on your records. Thanking you, For VEEFIN SOLUTIONS LIMITED GAUTAM VIJAY UDANI WHOLE-TIME DIRECTOR 03081749 JOINT PRESS RELEASE Veefin Solutions and NSIA Group Partner to Transform Supply Chain Finance Across Five West African Markets. Multi-country deployment of Reverse Factoring and Factoring to expand formal working-capital access for SMEs across Côte d’Ivoire, Senegal, Benin, Togo and Guinea STRATEGIC PARTNERSHIP TO EXPAND DIGITAL WORKING CAPITAL ACCESS Mumbai, India | 18th August, 2026 — Veefin Solutions Limited, a global technology company specialising in transaction banking and digital lending infrastructure, today announced a strategic partnership with NSIA Group to expand Supply Chain Finance (SCF) capabilities across five NSIA banking entities in West Africa — Côte d’Ivoire, Senegal, Benin, Togo and Guinea. DIGITALISING SUPPLY CHAIN FINANCE ACROSS FIVE MARKETS The platform will enable NSIA Group banks to launch Reverse Factoring and Factoring programmes, giving businesses and SMEs digital access to working capital. It will connect anchor corporates with their supplier and buyer networks on a single digital platform, automating processes from onboarding and invoice submission through approval and disbursement. The solution will support early payments to suppliers through Reverse Factoring and unlock working capital against approved receivables through Factoring. Veefin will provide the platform licence and ongoing maintenance. ADDRESSING THE SME FINANCING GAP The partnership aims to address the significant SME financing gap in West Africa, where fragmented data, manual processes and traditional credit models can limit access to short-cycle working capital. By deploying Veefin’s platform across five markets, NSIA Group can offer consistent digital SCF products while retaining market-specific flexibility. “West Africa is undergoing a strong transition toward digital financial ecosystems that support SME growth and inclusion. Through our partnership with Veefin, we aim to strengthen our Supply Chain Finance capabilities and deliver more efficient working-capital solutions to businesses across the region. This initiative reflects our commitment to fostering innovation, financial accessibility and sustainable economic development.” — Massetou Traoré, Deputy Managing Director, NSIA Group “Supply Chain Finance is becoming essential infrastructure for SME inclusion in emerging markets, and West Africa is experiencing strong momentum in this transformation. Our partnership with NSIA Group reflects a shared vision to build scalable, technology-led financing ecosystems that improve access to liquidity for businesses. Multi-country deployments such as this demonstrate how that vision is becoming V eefin Solutions Limited | NSIA HOLDING FINANCIERE Page 1 reality — one anchor programme at a time.” — Raja Debnath, Managing Director and CEO, Veefin Solutions Limited ONE PLATFORM. FIVE MARKETS. ONE COMMON ARCHITECTURE. The deployment runs on Veefin’s SCF platform, part of the broader Veefin 4.0 architecture. The platform supports financing programmes including PSB Xchange in India and the Kafalah SME credit guarantee programme in Saudi Arabia, as well as financial institutions across Asia, Africa and the Middle East. OUTLOOK The implementation is expected to go live progressively across the five banking entities, with Veefin and NSIA Group working together to expand product offerings and counterparty coverage in each market. ABOUT VEEFIN SOLUTIONS LIMITED Veefin Solutions Limited (BSE: VEEFIN) is a global technology company focused on transaction banking and digital lending solutions for banks, financial institutions and enterprises. Its Veefin 4.0 platform provides digital solutions across Supply Chain Finance, trade finance, cash management, loan management, loan origination, collections and corporate banking. Veefin’s solutions are in production at more than 50 financial institutions across Asia, Africa and the Middle East. www.veefin.com ABOUT NSIA HOLDING FINANCIERE NSIA HOLDING FINANCIERE oversees the financial activities of NSIA Group and coordinates its banking subsidiaries in Côte d’Ivoire, Benin, Senegal, Guinea and Togo. Through its banking subsidiaries, NSIA Group offers financial solutions focused on economic development, financial inclusion and business growth across Africa. Press Contact: Veefin Solutions Limited – varun@veefin.com , ruchita@veefin.com V eefin Solutions Limited | NSIA HOLDING FINANCIERE Page 2