---
title: "TReDS Financing Jumps 36% to Rs 75,788 Cr in Aug, Sep"
description: "RBI data show the five licensed invoice discounting platforms financed far more in August and September 2026 than a year earlier, with three platforms..."
url: "https://bharat.digital/originals/treds-financing-rs-75788-cr-aug-sep-2026-up-36-pct-festive/index.md"
canonical: "https://bharat.digital/originals/treds-financing-rs-75788-cr-aug-sep-2026-up-36-pct-festive/"
published: "2026-11-07T14:55:00+04:00"
updated: "2026-11-07T14:55:00+04:00"
section: "Originals"
type: "startup"
author: "bharat.digital desk"
image: "https://bharat.digital/img/originals/treds-financing-rs-75788-cr-aug-sep-2026-up-36-pct-festive-auto-d7163bd4-og.jpg"
language: "en-IN"
site: "bharat.digital"
---

# TReDS invoice financing jumps 36% to Rs 75,788 crore as MSMEs fund festive stock

*RBI data show the five licensed invoice discounting platforms financed far more in August and September 2026 than a year earlier, with three platforms handling almost all of the money.*

By bharat.digital desk. Startup, Startups & Fintech. Published 2026-11-07T14:55:00+04:00. 1 min read.

![TReDS invoice financing jumps 36% to Rs 75,788 crore as MSMEs fund festive stock](https://bharat.digital/img/originals/treds-financing-rs-75788-cr-aug-sep-2026-up-36-pct-festive-auto-d7163bd4-hero.webp)

## At a glance

- Company: TReDS platforms
- What it does: RBI regulated invoice discounting platforms that help MSMEs get paid early on accepted invoices
- Latest: TReDS financing up 36% to Rs 75,788 crore in August and September 2026
- Date: 2026-11-06

India's five Trade Receivables Discounting System (TReDS) platforms financed invoices worth Rs 75,788 crore in August and September 2026, up 36% from Rs 55,549 crore in the same two months of 2025, according to RBI data reported by The Economic Times on 6 November. TReDS lets a small business upload an invoice its buyer has accepted, have banks and NBFCs bid to fund it, and get paid before the due date. The buyer then pays the winning financier.

StartupFeed's reading of RBI's entity wise statistics shows September carried the bigger load at Rs 40,819 crore, while August rose 39.4% year on year to Rs 34,969 crore. The platforms financed 3.43 lakh invoices over the two months against 2.56 lakh a year earlier, so growth came mostly from more invoices rather than much bigger ones. Elets BFSI attributes the jump to festive stocking and MSME demand for working capital.

The market is concentrated. M1xchange, RXIL and Invoicemart together financed Rs 40,407 crore of September's Rs 40,819 crore, about 99%, leaving C2treds and KredX's DTX with roughly 1%. Separately, M1xchange said in its own festive report that festive invoice financing on its platform crossed Rs 20,000 crore, about 33% more than a year earlier. That is a company figure, not an RBI total.

Policy is pushing in the same direction. On 30 June 2026 the MSME ministry ordered every operating central public sector enterprise to settle MSME invoices through TReDS, and RBI's TReDS Directions of 23 June 2026 allow financiers to take credit guarantee cover on invoices. The next RBI release covering October to December will show whether public sector buyers are joining in numbers large enough to lift volumes beyond the festive season.

## Sources

1. [The Economic Times: Festive stocking drives 36% jump in TReDS volumes](https://economictimes.indiatimes.com/tech/startups/festive-stocking-drives-36-jump-in-treds-volumes-as-small-businesses-seek-working-capital/articleshow/135581231.cms)
2. [StartupFeed: TReDS Financing Rises 36% to Rs 75,788 Cr on Festive Demand](https://startupfeed.in/treds-financing-rises-36-percent-rs-75788-crore/)
3. [Elets BFSI: TReDS Volumes Jump 36% as MSMEs Seek Festive Capital](https://bfsi.eletsonline.com/treds-festive-volumes/)
4. [BusinessFortnight: M1xchange festive season invoice financing crosses Rs 20,000 crore](https://businessfortnight.com/invoice-financing-during-festive-season-crosses-%E2%82%B920000-crore-m1xchange/)

Written by the bharat.digital desk from the sources above. Figures are as reported by those sources.