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Invoice discounting increased strongly on Indian TReDS during Covid

It was only during the Covid pandemic that TReDS saw an increased interest from corporates and MSMEs. Hit hard by Covid, MSMEs were turning to Trade Receivables Discounting System (TReDS) - the Reserve Bank of India regulated online invoice discounting...

#bank#invoice#platforms

Amazon leads US$10m financing in M1xchange to support invoice...

Amazon has led a US$10m financing round in M1xchange, an online invoice... (more…)

#Amazon


More than 1,500 companies registered on TReDS

The Reserve Bank of India (RBI)-regulated bill discounting mechanism ... (more…)

#bank#invoice#Invoicemart


Indian bank partners with a fintech to offer supply...

Bengaluru-based Ujjivan Small Finance Bank (SFB) has entered into a strategic partnership with ... (more…)

#Progcap


Contour adds SMBC to digital trade network

Japan’s Sumitomo Mitsui Banking Corporation (SMBC) has become the latest institution to join... (more…)

#Contour#Letters of Credit#SMBC


Two ABS projects of Ant’s Huabei, Jiebei are terminated

Two asset-backed securitisation (ABS) projects under ... (more…)

#Ant Financial#financial services#securitisation


TReDS could be the solution for delayed payments in...

The second wave of COVID-19 has hit India hard. In these difficult times, Reserve Bank of India... (more…)

#bank#credit risk#invoice


Vayana Network will expand SCF business to MSMEs

Vayana Network, an Indian supply chain finance (SCF) platform, announces that they want to expand their services... (more…)

#Vayana Network


Indian fintech launches receivables finance

...a unit of Petit Moyen Kapital – an Reserve Bank of India registered... (more…)

#bank#digital#invoice


HSBC implements digital SCF solution for Unilever Bangladesh

The Hongkong and Shanghai Banking Corporation (HSBC) and Unilever Bangladesh conducted this month their first transaction using HSBC’s supply chain…

#digital#financial services#smes


Apruve expands automated credit & receivable finance platform in...

Apruve, a US-based receivable finance platform, announced that it... (more…)

#Apruve


Indian blockchain-based platform to offer NTF service in SCF

An Indian blockchain start-up KoineArth has created a new platform... (more…)

#blockchain#invoice#risk

Indian invoice finance platform raises US$10m led by Amazon

...has raised US$10m in its current funding round, which was led by ... (more…)

#Amazon#M1xchange

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