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Capital on Tap secures £750m in landmark funding

Capital on Tap, a fintech business credit card provider, has secured two major funding facilities totalling £750m to fuel its…


50 Autralian Dollars bill

Spenda sells AU$2m invoice book to Grapple to unlock capital

Spenda Limited has signed an agreement to sell its invoice finance loan book (managed by its subsidiary, Spenda Cash Flow…


WFY’24: Swiss Factoring Association reports solid revenue growth in 2023

The members of the Swiss Factoring Association were able to achieve solid revenue growth in the year 2023, which was…


iwoca: Cutting taxes is key to SME growth, say finance…

More than a third (38 per cent) of finance brokers say lower taxes are needed to boost SME growth this…


Kilo Fund Management announces US$50m ABL facility

Kilo Fund Management (Kilo), a specialty provider of commodity inventory finance to North American middle-market companies, announced the extension of…


ECB expands initiative to settle DLT-based transactions in central bank…

The Governing Council of the European Central Bank (ECB) decided to expand its initiative to settle transactions recorded on distributed…


BCR Webcast: Wayne Mills & Anthony Persse on SME invoice…

"When we consider data, tech and Ai we are now only limited by our imagination” Anthony Persse, CEO of Optimum…


Faster payments, stronger supply chains: The Rise of same-day SCF…

Supply chain financing (SCF) is becoming a growing lifeline, especially for micro, small, and medium enterprises (MSMEs) — a sector…


British Business Bank increases ENABLE Guarantee with Oxbury Bank to…

The British Business Bank has agreed a further £100m increase to its existing ENABLE Guarantee transaction with leading fintech Oxbury…


IFC partners with CRX Markets to improve SCF sustainability

To help improve the sustainability of global supply chains, the International Finance Corporation (IFC), a member of the World Bank…


Cherry Bank Italy reorganises adding two new divisions and strengthen…

Cherry Bank, a financial institution specialising in retail, corporate, and wealth management solutions announces a new organisational structure to better…


Al Masraf partners with Finneva to develop SCF for UAE…

Al Masraf (The Arab Bank for Investment and Foreign Trade) has signed a strategic partnership with Finneva Information Technologies LLC…


UAE’s Invest Bank onboards Veefin Solutions to digitise their SCF…

Invest Bank, one of UAE’s leading financial institutions, has onboarded Veefin Solutions, a leading provider of digital supply chain finance…


Time Finance: Only 19% of SMEs are using ABL

Asset Based Lending (ABL) is being hailed as the most underused and underestimated form of business finance by independent lender,…


Planixs partners with Finastra to deliver real-time liquidity solutions for…

Planixs is excited to announce its new partnership with Finastra, a global provider of financial services software applications. As part…


Manx Financial comments on UK inflation squeezing

Commenting on the rise in UK inflation squeezing margins and dampening consumer spending, Douglas Grant, Group CEO of Manx Financial…


IFA names Coface and NN6, LLC as Preferred Ally Members

The International Factoring Association (IFA) announced that NN6, LLC, and Coface Services North America, Inc., have been named Preferred Ally…


BCR Webcasting: Exploring the future of ABL with Lloyds Bank’s…

Ahead of UK Invoice Finance & ABL Summit 2025 (UKIF25), where he will be speaking on the panel “The Evolving…


Polish factoring market grows by 4.7% in 2024, driven by…

The Polish Factors Association (PZF) has reported a 4.7 per cent year-on-year (y/y) increase in factoring turnover, reaching PLN 471bn…


Surecomp acquires ELCY to enhance digital trade finance

Surecomp has announced the acquisition of ELCY Ltd, a UK-based digital trade finance solution provider. This strategic move reinforces Surecomp’s…


QUALCO Integrates Lenvi Riskfactor to strengthen risk monitoring

Lenvi, a leading provider of commercial lending technology, has partnered with QUALCO, a top provider of advanced software solutions for…


Shengye integrates DeepSeek AI to enhance supply chain finance

Shengye Holdings Group Limited  (Shengye) a leading supply chain technology platform in China, has announced the integration of its self-developed…


Mashreq and NEO PAY launch PoS lending for UAE SMEs

Mashreq, one of the leading financial institutions in the MENA region, has announced a collaboration with NEO PAY, the UAE’s…


FIS finalises Demica acquisition, eyes leadership in supply chain finance

Following its initial announcement in mid-December, financial technology giant  Fidelity National Information Services (FIS) has officially completed the acquisition of…


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