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SC Finserv has received formal approval from the Reserve Bank of India (RBI) to commence factoring business activities, marking a key milestone in the company’s strategic diversification into working capital financing solutions. In a regulatory filing under Regulation 30 of...
#factoring
Yue Da International Holdings Limited has announced that its wholly owned subsidiary, Yueda Commercial Factoring, has entered into a new…
CredAble, a global working capital technology platform, announced a strategic technology partnership with Citi to digitise its trade finance controls…
#trade finance
The Government of India has announced two new components under its Export Promotion Mission, committing a combined expenditure of INR…
#export finance
Mynd FinTech, a subsidiary of M1xchange, has launched UFX (Unified Financing Xperience), a consolidated supply chain finance (SCF) platform for…
#supply chain finance
BRAC Bank has entered into a partnership with Bangladesh Infrastructure Finance Fund Limited (BIFFL) to expand access to affordable financing…
#sme finance
Allianz Trade has announced the promotion of Wee Lee Quah to APAC regional Chief Operations Officer (COO), effective 1 January…
#trade credit insurance
DBS Bank India has extended a INR 670 crore (US$74.8m) Sustainability-Linked Trade Facility (SLTF) to Indorama India Private Limited (Indorama),…
#working capital
Finastra, a global leader in financial services software, today announced the opening of two new offices as part of its…
#payments
The Korea SMEs and Startups Agency (KOSME) and KB Financial Group announced the signing of a memorandum of understanding (MOU)…
The International Finance Corporation (IFC), a member of the World Bank Group focused on the private sector, announced a partnership…
CredAble, India’s largest working capital technology platform, and Trademo, a global AI-powered intelligence, compliance, and digitisation solution, announced a strategic…
Fintech SaaS startup CredFlow has received a non-deposit taking NBFC licence from the Reserve Bank of India (RBI), enabling its…
#invoice discounting