Suitroh Partners with Banks to Launch X-Inventory, Boost SME Financing and Supply Chain Efficiency

Suitroh Nigeria Limited, a fintech-driven logistics company, has unveiled a new digital trade platform called X-Inventory, aimed at improving supply chain efficiency and financial access for small and medium-sized enterprises (SMEs). The platform, launched during a conference in Lagos, seeks to connect major players across the supply chain—banks, manufacturers, distributors, and retailers—to streamline inventory management and financial transactions.

According to CEO Ridwan Oderinu, X-Inventory is a strategic solution targeting long-standing challenges in the pharmaceutical and manufacturing sectors. By fostering bilateral relationships between banks and producers, the platform ensures smoother product movement and enhances transparency in financial dealings, ultimately improving retailers’ access to goods.

Though still in its early adoption phase, X-Inventory has already garnered interest from several financial institutions, with banks playing a pivotal role in onboarding manufacturers and facilitating downstream access. Oderinu emphasized the need for continued cooperation across all supply chain participants and encouraged involvement from at least 10 financial institutions as the platform scales.

Suitroh also stressed that the success of X-Inventory hinges not just on private partnerships but also on macroeconomic stability and government support. The company cited favorable regulatory frameworks like the Open Banking policy and the Global Standing Instruction (GSI) initiative as enablers for deeper financial inclusion and improved credit access within the ecosystem.

Looking ahead, Suitroh envisions X-Inventory as more than a logistics tool—it aims to be a transformative digital ecosystem supporting product visibility, capital expansion, and business growth for SMEs across Nigeria. The firm’s long-term goal is to build a resilient, tech-powered supply chain infrastructure that drives inclusive economic development nationwide.

Source: The sun