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RBI rises NACH mandate limit to Rs 3 crore for...

The Reserve Bank of India (RBI) announced on Thursday that they have proposed to enhance the National Automated Clearing House (NACH) mandate limit from Rs 1 crore to Rs 3 crore for settlements related to the invoice discounting mechanism for MSMEs...

#bank#invoice#platforms

Think Big Solutions to launch TREDXonline, a digital factoring...

Think Big Solutions Limited, a new fintect, will launch in Bangladesh the first integrated digital invoice market platform, called TREDXonline.…

#factoring platform#TREDX


Indian working capital start-up raises US$4m in seed round

Indian working capital start-up Reevoy has raised US$4m in seed round led by 9Unicorns and VCAT. According to the company,…

#Reevoy#working capital


Bangladesh Bank supports digital factoring

The Bangladesh Bank, (Central Bank of Bangladesh), has issued a guideline to allow an... (more…)

#Bangladesh bank


RBI India amends Factoring Regulation Act to allow more...

The Reserve Bank of India (RBI) has just announced the amendment of the Factoring Regulation Act... (more…)

#factoring act#Factoring Regulation Act


MonetaGo launches operations in Japan

MonetaGo announces the launch of operations in Japan... (more…)

#MonetaGo


“Several reforms turned out to be of significant help...

What a year, with each day bringing in new developments, said Ravi Valecha CEO of India Factoring and... (more…)

#exporters#insolvency#regulation


Exim Bank India to support exporters with factoring and...

At Vidarbha Industries Association EXIM Forum event in Nagpur, India, which was focusing on exporters, Exim Bank of India informed…

#bank#emerging markets#exporters


Indian company to enter supply chain finance and invoice...

The Shriram group plans to offer supply chain finance (SCF) and invoice discounting... (more…)

#supply chain finance


Four factories join the pilot launch of’ Factory Social...

PrimaDollar, supported by its liaison office in Bangladesh and its team in Dhaka, has now signed agreements with four factory…

#ESG#PrimaDollar


Japan’s TIS INTEC Group invests in Contour

TIS INTEC Group, one of Japan’s leading IT services providers, has invested in ... (more…)

#Contour


DBS Bank India launches digital solution for domestic invoice...

DBS India has launched a paperless offer for the financing of domestic invoices... (more…)

#bank#DBS#digital

IndiaMART acquires stake in India’s largest TReDS platform

IndiaMART announced that they acquired a stake in Mynd Solutions, a company which runs... (more…)

#acquisition#banks#invoice

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