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M1xchange achieves double growth in H1FY25

M1xchange, India’s leading invoice discounting platform, has reported an impressive throughput of over ₹32,000 crore (US$3.85bn) in the first half…


ANZ partners with CitoPlus to transform SME loan applications

ANZ and CitoPlus have announced a strategic partnership – through ANZ's external innovation and investment partner, 1835i – to launch…


Finacity launches US$50m Lender Finance Program for VoloFin

Finacity Corporation, a White Oak Global Advisors company, has successfully structured a new Lender Finance Program for VoloFin Pte Ltd,…


Ultimate Finance increases Working Capital loans to £500k

UK’s asset-based lender Ultimate Finance has announced an enhancement to its Working Capital proposition by increasing its maximum cashflow loan…


Lendscape accelerates US expansion with new partnership

Lendscape, a leading technology provider to the global secured finance market, is excited to announce its partnership with prominent finance…


Peru’s factoring market expands by 40% in 2024

The Ministry of Production (Produce) in Peru has reported significant growth in financing for micro and small enterprises (MSEs) through…


Italian factoring: strong performance despite challenges

Despite ongoing economic challenges, including weaker industrial production and falling prices, the Italian factoring market is on track for steady…


Latvia: Cabinet approves e-invoicing framework under revised Accounting Law

The Latvian Cabinet of Ministers has approved amendments to the Accounting Law. These changes lay the groundwork for a phased…


EFG Hermes completes valU’s EGP 667.3M receivables securitised bond

EFG Hermes, a leading investment bank in the MENA region and a subsidiary of EFG Holding, has completed its 12th…


Hercules Capital provides up to US$50m debt finance to Alector

Alector, Inc. a clinical-stage biotechnology company pioneering immuno-neurology, has announced the conclusion of a debt financing agreement with Hercules Capital,…


WFY’24: Egypt sees increase of factoring volumes in 2023

Factoring volume in Egypt has been growing over the last few years since its introduction to the country’s financial market…


EBRD and EU help MSMEs go green in Kosovo

The European Bank for Reconstruction and Development (EBRD) is scaling up green economy investments in Kosovo in cooperation with the…


Allianz Trade: Global Trade Outlook 2024

Following the results of the US elections, US-China relations will remain tense and continue to fragment global trade. A renewed…


EBRD partners with ProCredit Bank to boost MSME lending in…

The European Bank for Reconstruction and Development (EBRD) is increasing access to finance for micro, small and medium-sized businesses (MSMEs)…


Manx Financial comments on UK GDP recent data and its…

Commenting on sluggish UK GDP growth amid looming inflationary pressures, Douglas Grant (pictured), Group CEO of Manx Financial Group, said:…


Natixis CIB launches Trade Tracker

Natixis Corporate and Investment Banking (Natixis CIB) is introducing Trade Tracker, an innovative solution to track trade finance operation in…


Hancock Whitney names Matt Mouledous as Director of ABL

Hancock Whitney, an American bank, has named Matt Mouledous managing director of its asset based lending (ABL) division, Hancock Whitney…


Equify Financial launches receivables finance division

Equify Financial, a leader in commercial finance solutions, has announced the launch of its new division offering receivables lending and…


AfDB grants Ecobank €5m trade finance transaction to support local…

The African Development Bank (AfDB) Group’s Board of Directors has approved a €5m trade finance transaction guarantee facility for Ecobank…


EBRD and International Bank of Azerbaijan partner to expand trade…

The European Bank for Reconstruction and Development (EBRD) has approved a trade finance limit of up to US$50m (€46.7m) for…


Conflux Foundation invests US$500m to combine traditional finance with blockchain…

The Conflux Foundation intends to invest US$500m from its ecosystem fund to develop a blockchain-based Web3 payments platform (PayFi). With…


BNP Paribas, Vanderlande and Surecomp complete Swift – ICC API…

Surecomp today announced that, together with BNP Paribas and Vanderlande, it has successfully piloted a new corporate-to-bank connectivity standard designed…


AFS closes US$3.4m ABL facility

Austin Financial Services, Inc. (AFS) has announced the closing of a US$3.4m asset-based lending (ABL) facility comprised of an AR…


Paychex launches Paychex Funding Solutions to offer invoice factoring

Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, employee benefits, insurance services, and…


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