TreviPay and Allianz Trade Announce Strategic Partnership to Enhance B2B Risk Management and Underwriting Solutions

TreviPay, the most-trusted B2B payments and invoicing network, today announced a new strategic partnership with Allianz Trade, the global leader in trade credit insurance. This collaboration will provide the option to integrate Allianz Trade’s credit insurance into TreviPay's suite of trade credit and invoicing solutions, providing enhanced risk management enabling funding capabilities to businesses worldwide.

By utilizing the benefits that trade credit insurance provides, the partnership will enable companies to secure transactions and grow with confidence. This addition is particularly beneficial for small to medium-sized businesses (SMBs) that may lack extensive credit histories but possess the potential for significant growth. This collaboration also supports companies as they navigate direct-to-consumer (DTC) models and manage the risk of selling outside traditional distributor networks. Allianz Trade’s ability to underwrite a wide range of buyers complements TreviPay’s automated B2B payments technology solutions, ensuring transactions are covered and risks are managed efficiently.

“A strong alignment in innovative financial solutions and customer commitment makes this partnership with Allianz Trade a natural fit,” said Brandon Spear, CEO of TreviPay. “The option to integrate trade credit insurance into our offerings ensures that our clients can transact with greater confidence and flexibility, driving business growth and customer loyalty.”

Recent research by TreviPay shows that seamless A/R automation and offering trade credit are pivotal for B2B buyer loyalty. The study found that 72% of business buyers are more loyal to businesses that offer their preferred payment methods, with trade credit being a top choice¹. Despite this preference, many businesses struggle to offer trade credit to their buyers, due to cash flow strain and concern around growing DSO.

The Allianz Trade partnership allows TreviPay to enhance its flexible funding capabilities, with the option to utilize trade credit insurance as needed or requested, tailoring solutions to clients’ specific risk needs. TreviPay clients can further improve their order-to-cash (O2C) process, ensuring trade credit and invoicing are not only automated but also financially secure. Additionally, Allianz Trade now has a referral partner for trade credit insurance clients who also need advanced A/R automation technology for their transactions.

Francois Burtin, Global Head of Group Transformation for Allianz Trade, added, “By combining our expertise in risk management with TreviPay's technological capabilities, we are setting new standards in business payments. This partnership allows us to support more businesses in achieving their strategic goals with enhanced security and efficiency.”

About TreviPay

At TreviPay, we believe loyalty begins at the payment. By understanding the diverse and unique requirements of B2B sellers, TreviPay’s global B2B payments and invoicing network enables enterprises to provide payments choice and convenience, open new markets and automate accounts receivables. With more than four decades of experience, TreviPay serves leaders looking to build loyalty while driving efficiency and embracing new digital channels, especially in industries with large distribution networks such as manufacturing, retail, and transportation. For more information, visit www.trevipay.com.

About Allianz Trade

Allianz Trade is the global leader in trade credit insurance and a recognized specialist in the areas of surety, collections, structured trade credit and political risk. Our proprietary intelligence network analyses daily changes in +83 million corporates solvency. We give companies the confidence to trade by securing their payments. We compensate your company in the event of a bad debt, but more importantly, we help you avoid bad debt in the first place. Whenever we provide trade credit insurance or other finance solutions, our priority is predictive protection. But, when the unexpected arrives, our AA credit rating means we have the resources, backed by Allianz to provide compensation to maintain your business. Headquartered in Paris, Allianz Trade is present in over 50 countries with 5,700 employees. In 2023, our consolidated turnover was € 3.7 billion and insured global business transactions represented € 1,131 billion in exposure. For more information, please visit allianz-trade.com.

¹ The study was conducted by Murphy Research on behalf of TreviPay from May 17 to June 2, 2023. The results are based on a comprehensive review of 300 global B2B buyers.

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