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Haball secures US$52m funding led by Zayn VC

Haball (the Company), Pakistan’s leading supply chain financing and payments fintech, raises a US$52m pre-Series A funding round comprising equity investment and a strategic financing allocation. The round’s equity component of US$5m was led by Zayn VC - Pakistan’s premier...

#Haball#supply chain finance#Zayn VC

MCB Bank and Fauree launch Pakistan’s first Sharia-compliant SCF...

MCB Bank Limited, through its Islamic banking division, has formed a strategic alliance with Fauree Tech Pvt. Ltd. to launch…

#Fauree#MCB Bank#scf


Jindal Stainless acquires 9.62% stake in M1xchange

Jindal Stainless, Indian top stainless steel producer, along with its subsidiary Jindal Stainless Steelway Limited, has acquired a 9.62 per…

#Anurag Mantri#Jindal Stainless#M1xchange


CredAble crosses INR 250 crore in trade receivables securitisation

CredAble, India’s largest working capital technology platform, announced that it has successfully crossed INR 250 crore (US$29.14m) in trade receivables…

#CredAble#Manu Prakash#Pass-Through Certificates


Allianz Trade appoints new country manager for South Korea

Allianz Trade in Asia Pacific has appointed Wongi Kim as the new country manager for South Korea, effective April 1,…

#Allianz Trade#Andy Ryoo#Global Insolvency Report


Nirav Choksi of CredAble joins Editorial Board of BCR...

BCR Publishing is pleased to announce that Nirav Choksi of CredAble has joined the Editorial Board of BCR News. Nirav…

#BCR News#BCR Publishing#CredAble


SML Isuzu partners with Bank of Baroda to launch...

SML Isuzu Ltd., a specialised manufacturer of commercial vehicles, has entered into a strategic partnership with Bank of Baroda to…

#Bank of Baroda#invoice finance#SML Isuzu


LOLC Al-Falaah launches Sri Lanka’s first Shariah-compliant factoring solution

LOLC Al-Falaah, a leading provider of alternative financial solutions in Sri Lanka, has launched "Al-Falaah Wakalah Future-Cash," the country’s first…

#Al-Falaah Wakalah#factoring#factoring facility


Vayana secures NBFC licence, eyes US$20m funding for expansion

Indian-based supply chain finance firm Vayana has secured a non-banking finance company (NBFC) licence from the Reserve Bank of India…

#NBFC licence#RBI#supply chain finance


M1xchange simplifies corporate onboarding with DIY digital registration

M1xchange, India's leading RBI-licensed TReDS platform, has seen a 150 per cent surge in corporate onboarding, driven by the government…

#DIY Digital Buyer Onboarding#invoice finance#KYC


IBK signs MOU with Commerzbank to boost SME growth...

IBK Industrial Bank has signed a memorandum of understanding (MOU) with Commerzbank AG of Germany to strengthen support for small…

#Commerzbank#IBK#IBK Industrial Bank


ITFC and Mutual Trust Bank to boost trade finance...

The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group, and Mutual Trust Bank…

#ITFC#Mutual Trust Bank#Nazeem Noordali

Deutsche Bank and K-Sure inks US$20m invoice discounting deal

In a move signifying strong support for Korean companies expanding globally, Deutsche Bank South Korea, in collaboration with The Korea…

#Deutsche Bank#invoice discounting#K-Sure

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