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Mynd FinTech, a subsidiary of M1xchange, has launched UFX (Unified Financing Xperience), a consolidated supply chain finance (SCF) platform for large corporates managing working capital across payables and receivables. The platform is being introduced at a time when SCF programmes...
#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…
#trade finance
Fintech SaaS startup CredFlow has received a non-deposit taking NBFC licence from the Reserve Bank of India (RBI), enabling its…
#invoice discounting
The manufacturing-services platform Zetwerk has secured an invoice-discounting facility worth INR 265 crore (approximately US$30m) through fintech firm TradeCred. The…
SG Finserve’s board has approved Vinay Gupta’s appointment as Chief Executive Officer (CEO). He is expected to assume the role…
A new global payment mechanism aimed at simplifying and accelerating cross-border transactions for Indian exporters has been introduced by rivexa,…
Standard Chartered Bank Pakistan and IFC, a member of the World Bank Group, have announced a new US$400m risk-participation facility…
#IFC#risk participation#Standard Chartered Bank