Kathmandu- F1Soft International Pvt. Ltd. has partnered with UKaid Sakchyam Access to Finance Program (Sakchyam) to introduce �Online Reverse Factoring Platform�, a first of its kind technological innovation, to enhance access to finance for MSMEs in Nepal. Under this partnership, F1Soft International will develop and operate and online platform titled QuikBhuktani. The solutions will link small and medium suppliers of large businesses/ anchor firms and banks through an online platform to enable reverse factoring, facilitating instant access to credit for suppliers. Using this online system, banks can offer low-risk short term loans to suppliers, who sell their goods/services to large businesses/ anchor firms on credit, and they will have convenient and non-collateralized access to financial services backed by invoices. Stressing on the importance of digital innovations, Mr. Subash Sharma, CEO F1Soft, said, � As Nepal�s leading FinTech company, it gives us immense pleasure to be able to develop financial tools that have the potential to revolutionize a large segment of the economy.� F1Soft International is Nepal�s leading and largest Financial Technology Company and also the pioneers of mobile financial services in the country. Sakchyam is an UKaid-funded access to finance program. It is being implemented by Luis Berger for DFID Nepal, in partnership with local and international institutions.