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finance

Pennylane and Defacto simplify instant invoice financing for SMEs

French fintech leaders Pennylane and Defacto have strengthened their partnership to offer seamless, instant invoice financing for small and medium-sized…


sme finance

New funding to boost CDFIs and UK SME lending

The British Business Bank, Responsible Finance, and JPMorganChase have announced initiatives to address the finance gap for small businesses in…


merger

PragmaGO acquires Romanian fintech Telecredit for €5.8M

Enterprise Investors-backed Polish fintech PragmaGO, one of Poland's largest non-banking financial institutions serving small and medium-sized enterprises (SMEs), has acquired…


YouLend and Tpay partner to boost SME financing

YouLend, a global leader in embedded finance, has partnered with Polish payment services provider Tpay to offer flexible financing solutions…


Qatar Central Bank sets the stage for digital banking with…

The Qatar Central Bank (QCB) has unveiled a comprehensive 35-page regulation establishing a framework for the creation and operation of…


VersaBank strengthens USA RPP team

VersaBank, a North American leader in business-to-business digital banking, as well as technology solutions for cybersecurity, today announced the transition…


AfDB and TDB Group expand trade finance partnership with new…

The African Development Bank Group (AfDB) and the Eastern and Southern African Trade and Development Bank (TDB Group) have signed…


Integro launches SmartLender ESG platform for sustainable banking

Integro Technologies, part of Aurionpro, has launched the SmartLender ESG platform to help banks advance their Environmental, Social, and Governance…


Qardy and AlKheir Microfinance partner to boost microfinance in Egypt

Egypt’s online lending marketplace Qardy has formed a partnership with AlKheir Microfinance. The collaboration aims to support microbusinesses in Upper…


Numou presents platform to streamline SME financing in the UAE…

In a bold stride towards reshaping the financial landscape for small and medium-sized enterprises (SMEs) in the UAE, Numou, a…


WFY’24: Factoring turnover increased to a new record level in…

Despite the weak overall economic situation (the price adjusted GDP of Germany fell slightly by 0.3 per cent) the total…


SACE and African Development Bank Group to work together

SACE, the Italian insurance-financial group specialising in supporting businesses and the national economic system under the Ministry of Economy and…


Great Rock Capital closes US$33.5m ABL deal

Great Rock Capital, an asset-focused commercial finance company specialising in middle market lending, has announced the closing of a US$33.5m…


eCapital provides US$35m ABL facility for printing firm

eCapital Corp. (eCapital), a leading tech-enabled finance provider specialising in tailored solutions for businesses across North America and the United…


Joint administrators were appointed for Stenn Assets UK Ltd and…

Jim Tucker, Kristina Kicks and Joshua Dwyer from Interpath were appointed joint administrators to Stenn Assets UK Limited and Stenn…


BofA and AfDB sign agreement of €50m to support African…

The African Development Bank (AfDB) and Bank of Africa SA (BofA) have signed a risk-sharing agreement of €50m to strengthen…


iBanFirst: Global trade tensions on rise, volatility of FX market…

In a global economic environment defined by uncertainty and fast changes, CEE-based companies operating internationally face significant challenges in securing…


CredAble partners with PowerCred to drive working capital tech innovation…

CredAble, a global working capital tech platform, has partnered with digital lending innovator PowerCred to build a strong global ecosystem…


Stenn defends against HSBC application to appoint administrators for the…

London-based invoice finance fintech Stenn is confronted with legal action from HSBC. According to a release, HSBC Innovation Banking has…


DBS, EnterpriseSG and IMDA launch Spark GenAI programme to help…

DBS, in cooperation with Enterprise Singapore (EnterpriseSG) and the Infocomm Media Development Authority (IMDA), has announced a strategic public-private partnership…


AI-generated data guides key business decisions of global business leaders

Research* from Taulia, a leading provider of working capital management solutions and part of SAP Group, reveals artificial intelligence-generated data…


Mike Freebury is appointed as Head of Sales in the…

Time Finance is announcing that Mike Freebury (pictured) has taken up the role within its invoice finance division as Head…


AtoB named a preferred Ally Member by the IFA

The International Factoring Association (IFA) today announced that payment technology company AtoB has been admitted to the IFA’s Preferred Ally…


Pulse Cashflow appoints Matt Harding as BDM

Pulse Cashflow Finance have announced today that they have appointed Matt Harding (pictured) to the role of Business Development Manager…


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