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CredibleX, an Abu Dhabi, UAE-based provider of a working capital finance platform for SMEs, raised US$55m in Seed funding. The round consisted of a Seed equity investment from Further Ventures, and participation in debt from Kilgour Williams Capital, Berkley Square...
#CredibleX#fintech#receivables finance platform
In a bold stride towards reshaping the financial landscape for small and medium-sized enterprises (SMEs) in the UAE, Numou, a…
#fintech#Numou#SME lending
International Holding Company (IHC), the global diversified Abu Dhabi-based conglomerate, has formed Rorix Holdings, a groundbreaking global finance and trade…
#financial services#international#International Trade
US-based Fluent Finance has expanded its global reach by opening... (more…)
#blockchain#digital#global trade
The Abu Dhabi Department of Finance (DoF) Sunday announced a AED 6bn (US$1.6bn) supply chain financing... (more…)
#bank#receivables#smes
The withdrawal of major banks from trade finance and especially in the SME space is... (more…)
#Finverity
Abu Dhabi Global Market (ADGM) has published a consultation paper setting out its proposed... (more…)
#alternative financing#financial services#invoice
Hong Kong Monetary Authority has announced it will work with regulators in Abu Dhabi on a... (more…)