# M1xchange

M1xchange is an other based in Gurugram, India.

## Overview

- **Organization type:** other
- **Headquarters:** Gurugram, India
- **Region:** Asia
- **Address:** Unit No. A/04-01 to A/04-6D and A/04-07, 4th Floor Tower A, Reach Commercia, Sector 68, Gurugram -122101, Haryana
- **Assets under management:** Undisclosed
- **Website:** www.m1xchange.com
- **LinkedIn:** https://www.linkedin.com/company/mynd-online-national-exchange

## Regulatory record

- **Reports private funds:** No

## About

M1xchange provides an online invoice discounting and factoring solutions, purchase bill and trade receivables discounting system between MSMEs and large corporates.

## Sectors

- FinTech
- Private Credit

## Offices

- Ahmedabad, India
- Bangalore, India
- Chennai, India
- Coimbatore, India
- Hyderabad, India
- Kolkata, India
- Mumbai, India
- Noida, India
- Pune, India

## Questions

### What is M1xchange's relationship to the Reserve Bank of India?

M1xchange operates under a specific RBI license as a Trade Receivables Discounting System (TReDS) exchange. This license authorizes it to run an electronic platform where MSME invoices against large buyers can be auctioned to banks and NBFCs. The regulatory framework mandates that it provides a transparent, digital market to improve small-business cash flow.

### How does M1xchange source its deal flow?

Sourcing is built into the TReDS model. Large corporate and public-sector buyers onboard their accounts-payable workflows, and when they approve an MSME supplier's invoice, that receivable becomes available for discounting on the M1xchange platform. MSME sellers log in, select an approved invoice, and trigger a bidding process among the 74+ pre-registered financiers.

### Does M1xchange invest its own capital or operate as a fund?

No. M1xchange does not take a principal position in the receivables. It is an exchange, not a fund or a non-bank lender. It earns fees by facilitating the transaction, while the actual funding is provided by the banks and NBFCs that bid on each invoice.

### What is small-to-small, or S2S, financing?

S2S financing is M1xchange's program for invoices issued by one MSME to another MSME. It extends the competitive-rate auction model to a segment traditionally underserved by formal factoring channels. The mechanism mirrors its large-corporate product: the selling MSME chooses the lowest rate offered among competing financiers.

### How does the international entity M1 NXT relate to the domestic platform?

M1 NXT is a related entity within the Mynd Group that adapts the TReDS framework for cross-border trade finance. It positions itself as an international counterpart to India's TReDS model, aiming to bring expedited and competitive invoice discounting to global supply chains.

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- [Incode Technologies](https://altss.com/profile/incode-technologies)

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Last updated: 2026-06-03T20:00:00.000Z

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