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eCapital closes $6m factoring deal for paratransit and assisted mobility…

eCapital closed a US$6m confidential factoring agreement with a rapidly growing Paratransit and assisted mobility business.The Virginia-based corporation encountered challenges…


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India’s TMB partners with Jocata to digitalise MSME lending

Tamilnad Mercantile Bank (TMB), a private sector lender, has collaborated with Jocata, a FinTech platform provider, to offer digital-first lending…


electronic payment

Reltime and GNB Swiss Investments AG new partnership to liberate…

Reltime, a leading Web 3.0 fintech specialising in cutting-edge payment technologies is thrilled to announce a groundbreaking partnership with GNB…


IDB Supports Chile’s Power Generation with USD1.4bn receivables purchase

IDB Invest, part of the IDB group, is providing another financial support package for Chile’s electrical generators. It is set…


Turkish Param enters European BNPL market

Param, one of Turkey's biggest FinTechs, is entering the European market with the acquisition of leading CEE Buy Now, Pay…


Infor Nexus and DBS Bank launch pre-shipment finance for SMEs…

Infor Nexus™, a NY headquartered multi-enterprise, supply chain network, and DBS Bank have extended their partnership to launch a pre-shipment financing solution…


ECI partners with top Ethiopia’s institutions to amplify UAE’s non-oil…

Etihad Credit Insurance (ECI), the UAE's federal export credit company, has entered into strategic agreements with leading Ethiopian financial institutions,…


US GoLogiq to acquire SME lending platform in Vietnam

GoLogiq, a US-based provider of FinTech and consumer data analytics, has announced plans to acquire Fram Venture 7 AB, a…


Spacenet India to increase stake in BillMart.com

The board of Spacenet Enterprises India Ltd (spacenet), a global fintech enterprise, has approved to increase its investment in BillMart.com,…


ICC and Swift unveil first API standards for guarantees and…

ICC and Swift, the global leader in secure financial messaging services, have released the first application programming... (more…)


Trade Capital Partners & EDB to launch supply chain financing…

Emirates Development Bank (EDB) has signed a Memorandum of Understanding (MoU) with... (more…)


How embedded finance gives corporations an edge in the market

The age of embedded finance is upon us - and it is going to impact the factoring industry - said Kevin Day,…


MUFG, SDM close first Islamic green facility

MUFG Bank (Malaysia), a subsidiary of Mitsubishi UFJ Financial Group (MUFG), has... (more…)


Douglas Grant on UK inflation falling and its impact on…

Commenting on UK inflation falling as long-term liquidity concerns continue for SMEs, Douglas Grant (pictured), Group CEO at Manx Financial…


Merchant West Group successfully upgrades to Solifi ABL

Solifi™, a global fintech software partner for secured finance, announced that Merchant West Group... (more…)


BSF: 2023 – the worst economic environment for SMEs in…

New research from global SME funder, Bibby Financial Services (BFS)... (more…)


New funding line to strengthen BZ’s ABL market offering

BZ, the specialist UK asset-based lender, is excited to announce the completion of a major senior funding line from UBS,…


TMF Group launches receivables collection service

TMF Group, a leading provider of compliance and administrative services, has announced the launch of a new collection receivables service,…


One Stop Business Finance gains additional funding from Shawbrook

One Stop Business Finance, a lender which offers solution-led and responsible funding options to SMEs, has continued its partnership with…


Enigio joins Allen & Overy’s cohort

Fuse, Allen & Overy’s tech innovation hub has welcomed Enigio into its current cohort.  Allen & Overy and Enigio expect…


UK SMEs turn to alternative lenders, Sonovate study reveals

Two-thirds (65%) more businesses are experiencing difficulty in accessing finance from high-street banks than they were in 2022 as mainstream…


Absa CIB becomes first Contour’s client in Africa

Contour, the leading digital trade finance network, announced that leading Pan-African bank, Absa Corporate and Investment Bank (CIB), is the…


Replacing a monolithic factoring system with microservices: the Strangler pattern…

The vast majority of factoring companies still use factoring systems that were developed several years ago... (more…)


C4DTI starts working on ‘reliable systems’ for ETDA

As reported earlier, the UK Electronic Trade Documents Act (ETDA) received Royal assent on 21 July and comes into force on 20…


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