Dowsure and CoGoLinks Strategic Partnership Announcement

In May 2022, Dowsure and CoGoLinks established a strategic partnership. By empowering banks and other partner institutions, Dowsure provides safe, efficient, and reliable financing solutions for cross-border sellers of Cogolinks.

In recent years, the government has vigorously promoted the development of financial services for enterprises, especially, for banks to provide more inclusive financial services to enterprises. According to the Central Bank, the finance industry has a growth of 12.3% for capital financing in 2019. The growth rate of traditional channels of inclusive SME financing reached 23.1%.?

As a leading global API platform for cross-border e-commerce, Dowsure established the first insurance cloud for e-commerce in China. In 2019, Dowsure utilized its advanced API technologies and models, collaborated with local banks, and launched its digital finance product. Offer cross-border e-commerce sellers the most convenient, easiest, and safest financial solutions. Nowadays, Dowsure has served more than 10,000 sellers with multi-billion GMV and received three rounds of investment from top investors globally.

CoGoLinks is a cross-border business, dedicates to providing secure, reliable, and efficient payment and collection services for Chinese enterprises and business individuals going abroad. CoGoLinks is a fully licensed payment brand in China, covering four segments: domestic payment, cross-border business, digital community, and supply chain finance.

Facing the operational problems of slow, expensive, and difficult financing for cross-border e-commerce SMEs, Dowsure and CoGoLinks collaborate together to achieve stable capital flow, high-risk control, and global development strategy to provide more comprehensive and safe solutions for Chinese enterprises going abroad in the fields of payment, digital technology, and financing services.

The cross-border e-commerce industry is developing rapidly. Chinese sellers are facing difficulties in the process of expanding their stores, products, and brands. With this cooperation, Dowsure provides compliant and efficient financial solutions to CoGoLinks' international sellers with banks and other partnered institutions, helping Chinese enterprises to develop overseas.

Not long before the cooperation, Dowsure just completed a Series B funding of 20 million USD. With the newly developed collaboration between Dowsure and CoGoLinks. They will provide quality services to more sellers domestically and oversea.