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Li & Fung’s LFX Gets Into Supply Chain Financing

Supply chain woes and soaring prices defined the past year. What lies ahead? Read the 2022 Sourcing Report for a deep global dive, plus expert insights on navigating the sourcing roller coaster.

LFX has launched Air8, a supply chain fintech company to serve the financing needs of small-to-medium enterprise (SME) consumer goods suppliers. GLP Financial Services has joined LFX as a strategic partner with a 20 percent equity stake in the new company. An LFX digital venture, Air8 will build a technology platform that capitalizes on parent…

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